For Sale   >   Cyprus Flag  Cyprus   >  Lefkosia  >  Nicosia

€3,800,000  Business Nicosia

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  • €3,800,000
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  • Business
  • For Sale 
  • Nicosia
  • cyprus Flag Cyprus
The building is on land of total area 733m2 with `building coefficient` currently at 1.6 and soon it is expected to increase to 1.8 (this means that at the moment you can build on the land a total of 1.172,80m2 (733 X 1.6 = 1.172,80) and soon you can build 1.319,40m2 (733 X 1.8 = 1.318,40).

Furthermore, on the building`s land there is the possibility of transferring an EXTRA building coefficient of 19.99%, a very important advantage, which means that you can build with the current 1.6 building coefficient an extra 19.99% X 1.172,80 = 234.44m2 or in the case of the increased building coefficient of 1.8 you can build an extra 263.55m2 (19.99% X 1.318,40).

Currently the PROJECT is completed as below:

Current Completion of the building:

Basement «1» - 539μ2
Basement «2» - 539μ2

Ground Floor Showrooms – 308μ2
Mezzanine – 240μ2

1st Floor Office Space – 276μ2

Note

For the COMPLETION of the project we have prepared TWO sets of Architectural designs with two solutions, one for the project to be completed as Shopping Mall and the second for the project to be completed as Offices Center which are forwarded to you for your kind attention!

SELLING PRICE
Asking SELLING Price - €3.800.000
The building is on land of total area 733m2 with `building coefficient` currently at 1.6 and soon it is expected to increase to 1.8 (this means that at the moment you can build on the land a total of 1.172,80m2 (733 X 1.6 = 1.172,80) and soon you can build 1.319,40m2 (733 X 1.8 = 1.318,40).

Furthermore, on the building`s land there is the po...
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