Commercial Building in Nicosia For Sale

For Sale €6,000,000 Building
MPA-COM33084 1324 sqm

PROPERTY DESCRIPTION

A six storey commercial building with a total area of 3.245 sqm (plus 1.370 sqm basement) located in a central location in Nicosia. It is adjacent to Spyrou Kyprianiou Avenue on its northern boundary, at a distance of few meters west of the intersection of Spyrou Kyprianou Street and Themistokli Dervi Street (near Starbucks and Piraeus Bank’s HQ). 

The building consists of two levels of basement car parking (1,370 sqm), a ground floor (530 sqm), a mezzanine (465 sqm), and five floors above (2,250 sqm). 

The total land area is 1.324 sqm.  

The ground floor consists of a reception area, offices and showroom, the mezzanine, the 1st, the 2nd and the 3rd floor consist of an open plan showroom and the 4th and 5th floors consist of offices. It is noted that on the terrace, a metallic construction has been erected which consists of a conference room and a library. The two basements of the building are uses as a showroom. 

The property falls within the commercial planning zone Εα3 with a maximum building density coefficient of 200% and a land coverage coefficient of 40% over 10 floors and 38 metres height. 

Agent MPA PROPERTY Promoters & Consultants Ltd

MPA Property Promoters & Consultants Ltd Register  No: 665 and Licence No: 417/Ε is Cyprus’s leading real estate consulting company. The company is…
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