Commercial Building for Sale in Faneromeni, Nicosia

# 1178

For Sale Sold

Commercial Building for Sale in Faneromeni, Nicosia

Nicosia, Walled Old City, Faneromeni
€473.000
Commercial Building
covered_area_amount -

Description

Location

Situated at the intersection of Ploutarchou and Pericleous streets, this property enjoys a prime dual-road frontage in the heart of Nicosia.

Location Benefits
- Walking distance to Ledras High Street and Solomos Square
- Close to major amenities including Starbucks and McDonald's
- Adjacent to a large private and secure parking area

Property Details

Plot: 290 m²
Floors: Basement, Ground, 1st & 2nd Floor
Frontage: 9-15m on dual roads

Zoning & Development Potential

- Building coefficient: 160%
- Coverage ratio: 70%
- Permission for up to 3 floors (11.5m height)

Note: Built-in 1955, this solid structure offers great potential for upgrades or redevelopment. A rare investment opportunity in Nicosia’s commercial hub.

Details

City: Walled Old City
Building Type: Commercial Building
Floors Building: 2
Parking: 1
Office Layout: Open Plan
Construction Year: 1955

Areas

Plot Area: 1,080m²
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