Shop - Ref. No. RM16955
For Sale €348,000
Nicosia Centre
255 m² Covered

Investment Opportunity
Title Deeds Available


This asset consists of four shops forming a single retail unit in Agios Andreas quarter within the walls of Nicosia.

The asset is located on Arsinoes Street, c. 290m west of Ledras street, c. 70 m northwest of the ‘former Holiday Inn’ hotel and c. 50m east of Paphos Gate Police station.

The asset comprises of a ground floor retail area of c.225sqm and a basement storage area of c. 221sqm. The basement has a separate entrance.

The immediate area of the property comprisises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.

The property is currently occupied.

The asset falls within planning zone Κα with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice