Commercial building for sale in Nicosia

€370,000

Kapedes, Nicosia

Property description

Ground floor building in residential area, in Kapedes community of Nicosia District. It is located at a distance of about 555 meters southwest from Kapedes Primary School on the connecting road Kapedes - Monastery of Machairas.

It has an irregular shape and adjoins a public registered road along its northwestern border with a total face of about 70 meters.

The building was erected around the year 1994 and consists of an open plan area and a kitchen area. Outside there is a yard and fencing.

The area of the interior spaces amounts to 795 sq.m. (approx) and the land area is 4.435sq.m.

The building is vacant and is an ideal choice for investment.

The Altamira team has made a preliminary design (3D Render) for the prospective development/conversion of the existing building. According to the design, the proposed building can be a restaurant, a banqueting center or even a residence.

Energy efficiency

Certification in progress.

Covered area

795 m²

Plot area

4,435 m²

Year of construction

1994

Title deed

Full

Condition

Resale

Planning characteristics

Zone	Cover factor	Build factor	Max floors	Max height	Affected percentage
Η3	35%	60%	2	-	-

Registration details

Reg. no.	Sheet/Plan	Block	Parcel no.	Share
0/10292	39/26	-	1062	100%

Mortgage

See how much a mortgage would cost for this property using our calculator. Adjust your down payment amount, repayment period and interest rate to fit your scenario more accurately.

Purchase price

Down payment

Repayment period

Interest rate

Monthly repayment