FOR SALE - €590,000 NO VAT - REF. NO. RM29293

The asset is a 4-storey building with basement in Agios Antonios, Nicosia.

The asset is adjacent to Athinon street c. 240 meters north-east of OXI roundabout and benefits from its central location.

The building has an area of c. 866sqm and consists of a basement, shop on the ground floor, offices on the 1st and 2nd floors and a flat on the 3rd floor.

The basement is c. 188sqm, is used as a storage space and is accessed via a staircase from the ground floor shop.

The ground floor is c. 174sqm and consists of a shop and an office. Staircases lead to the upper floors and the basement. 

The 1st floor is c. 173 sqm and consists of 4 office areas, kitchenette and a toilet.

The 2nd floor is c. 170 sqm and consists of 2 office areas with ceramic tiles on parts of the walls and has a small balcony along the façade of the building.

The 3rd floor is c. 161 sqm and is an apartment that consists of a living area with a fireplace, kitchen, dining area, toilet, and 3 bedrooms. The apartment also has a balcony along the façade of the building.

The surrounding area consists of old buildings with shops on the ground floor and residential units on the upper floors.

The asset falls within residential planning zone Kα-α with a building density coefficient of 140%, coverage coefficient of 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.