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#52968 · Building Offices/Flats

Nicosia — Nicosia
€1,950,000
Contact about this property #52968

Key Facts

Type:Building Offices/Flats
Bedrooms:Studio
Bathrooms:2
Toilets:2
Floor:Ground floor
Levels:1
Year built:12/1940
Energy class:E
Title deed:Yes
VAT:No
Furnished:No

Areas

Built Area:558 sqm
Plot Area:1,873 sqm
Build Coef.:200 %
Coverage coef.:60 %

Description

Building with title deed, mixed residential/commercial, with built area of 558 sqrm, area 1,873 sqrm, in the area of Nicosia (center), Lefkosia within Nicosia district. It is within close proximity to: Court of Justice (Nicosia) and Court of Justice (Nicosia). The Energy Efficiency Class of the building is E. The Building was constructed in 1940. The plot characteristics are: within planning zone EZ d, has a build coefficient of 200.000% with covered coefficient of 60.00%, maximum building permissible height 31.00 meters, and maximum number of floors 8. Τhe plot area is 1,873 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 3,188 sqrm. Zone: Urban Center Plan. Urban Commercial Zone. The type of road leading to the property is tarmac secondary road. The investment is € 3,495 per covered square meter. If you also take into account that you also get a plot 1,873 sqrm then you can better understand the value. It appears that there is 85% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 3,188 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. This Building has title deed ready.
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