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Building, For Sale, Nicosia, Faneromeni
Faneromeni, Cyprus
REF: 767850
€7,500,000
Description
For Commercial building and a vacant Plot in the center of the commercial area in Tripiotis Nicosia Location · The property for is a commercial building and a vacant plot, which are centrally located in Tripiotis quarter of Nicosia Municipality. · The property is situated in one of the most vibrant and popular streets of Nicosia. · In the surrounding area, there is a plethora of amenities and services such as banks, restaurants, cafes, shops, residential and commercial buildings. External Features · A six-storey building, which was constructed in 1990. · The vacant plot is asphalted and is used as a parking space. Internal Characteristics · The building has an enclosed area of 2,500 sq.m. and consists of 16 shops on the ground floor and 14 offices on the 6 upper floors. · All units in the building are vacant. Advantages Special Features · The property has the potential for further commercial and residential development. · More importantly, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan . Πωλείται Επαγγελματικό κτίÏιο και οικόπεδο Îδειο στο κÎντÏο της εμποÏικής πεÏιοχής στον ΤÏυπιώτη Îευκωσίας Tοποθεσία · Το ακίνητο Ï€Ïος πώληση είναι Îνα επαγγελματικό κτίÏιο και Îνα κενό οικόπεδο, που βÏίσκονται σε κεντÏική τοποθεσία στη συνοικία ΤÏυπιώτη του Δήμου Îευκωσίας. · Το ακίνητο βÏίσκεται σε Îναν από τους πιο ζωντανοÏÏ‚ και δημοφιλείς δÏόμους της Îευκωσίας. · Στη γÏÏω πεÏιοχή Ï…Ï€ÎÏχει πληθώÏα ανÎσεων και υπηÏεσιών όπως Ï„ÏÎπεζες, εστιατόÏια, καφετÎÏιες, καταστήματα και κατοικίες και εμποÏικΠκτίÏια. ΕξωτεÏικΠχαÏακτηÏιστικΠ· ΕξαώÏοφο κτίÏιο που κατασκευÎστηκε το 1990. · Το κενό οικόπεδο είναι ασφαλτοστÏωμÎνο και χÏησιμοποιείται ως χώÏος στÎθμευσης. ΕσωτεÏικΠχαÏακτηÏιστικΠ· Το κτίÏιο Îχει κλειστό χώÏο 2.500 Ï„.μ. και αποτελείται από 16 καταστήματα στο ισόγειο και 14 γÏαφεία στους 6 επÎνω οÏόφους. · Όλες οι μονÎδες του κτιÏίου είναι κενÎÏ‚. Πλεονεκτήματα ΙδιαίτεÏα χαÏακτηÏιστικΠ· Το ακίνητο Îχει δυνατότητες πεÏαιτÎÏω εμποÏικής και οικιστικής ανÎπτυξης. · Το πιο σημαντικό, μποÏεί επίσης να επωφεληθεί από πολυÎÏιθμα κίνητÏα σχεδιασμοÏ, όπως η ουσιαστική αÏξηση της επιτÏεπόμενης πυκνότητας δόμησης, καθώς βÏίσκεται εντός της πεÏιοχής που καλÏπτεται από το «Î¤Î¿Ï€Î¹ÎºÏŒ ΣχÎδιο ΚÎντÏου Πόλης Îευκωσίας».
For Commercial building and a vacant Plot in the center of the commercial area in Tripiotis Nicosia Location · The property for is a commercial building and a vacant plot, which are centrally located in Tripiotis quarter of Nicosia Municipality. · The property is situated in one of the most vibrant and popular streets of Nicosia. · In the surrounding area, there is a plethora of amenities and services such as banks, restaurants, cafes, shops, residential and commercial buildings. External Features · A six-storey building, which was constructed in 1990. · The vacant plot is asphalted and is used as a parking space. Internal Characteristics · The building has an enclosed area of 2,500 sq.m. and consists of 16 shops on the ground floor and 14 offices on the 6 upper floors. · All units in the building are vacant. Advantages Special Features · The property has the potential for further commercial and residential development. · More importantly, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan . Πωλείται Επαγγελματικό κτίÏιο και οικόπεδο Îδειο στο κÎντÏο της εμποÏικής πεÏιοχής στον ΤÏυπιώτη Îευκωσίας Tοποθεσία · Το ακίνητο Ï€Ïος πώληση είναι Îνα επαγγελματικό κτίÏιο και Îνα κενό οικόπεδο, που βÏίσκονται σε κεντÏική τοποθεσία στη συνοικία ΤÏυπιώτη του Δήμου Îευκωσίας. · Το ακίνητο βÏίσκεται σε Îναν από τους πιο ζωντανοÏÏ‚ και δημοφιλείς δÏόμους της Îευκωσίας. · Στη γÏÏω πεÏιοχή Ï…Ï€ÎÏχει πληθώÏα ανÎσεων και υπηÏεσιών όπως Ï„ÏÎπεζες, εστιατόÏια, καφετÎÏιες, καταστήματα και κατοικίες και εμποÏικΠκτίÏια. ΕξωτεÏικΠχαÏακτηÏιστικΠ· ΕξαώÏοφο κτίÏιο που κατασκευÎστηκε το 1990. · Το κενό οικόπεδο είναι ασφαλτοστÏωμÎνο και χÏησιμοποιείται ως χώÏος στÎθμευσης. ΕσωτεÏικΠχαÏακτηÏιστικΠ· Το κτίÏιο Îχει κλειστό χώÏο 2.500 Ï„.μ. και αποτελείται από 16 καταστήματα στο ισόγειο και 14 γÏαφεία στους 6 επÎνω οÏόφους. · Όλες οι μονÎδες του κτιÏίου είναι κενÎÏ‚. Πλεονεκτήματα ΙδιαίτεÏα χαÏακτηÏιστικΠ· Το ακίνητο Îχει δυνατότητες πεÏαιτÎÏω εμποÏικής και οικιστικής ανÎπτυξης. · Το πιο σημαντικό, μποÏεί επίσης να επωφεληθεί από πολυÎÏιθμα κίνητÏα σχεδιασμοÏ, όπως η ουσιαστική αÏξηση της επιτÏεπόμενης πυκνότητας δόμησης, καθώς βÏίσκεται εντός της πεÏιοχής που καλÏπτεται από το «Î¤Î¿Ï€Î¹ÎºÏŒ ΣχÎδιο ΚÎντÏου Πόλης Îευκωσίας».
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Property on Map
Currency Exchange
Faneromeni, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €7,500,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €7,500,000 | £6,239,100 | £6,454,650 | £215,550 |
| Property Price € | €7,500,000 |
| Minimum cost in the last six months | £6,239,100 |
| Maximum cost in the last six months | £6,454,650 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £215,550 |
Faneromeni, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €7,500,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €7,500,000 | £6,239,100 | £6,454,650 | £215,550 |
| Property Price € | €7,500,000 |
| Minimum cost in the last six months | £6,239,100 |
| Maximum cost in the last six months | £6,454,650 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £215,550 |
The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £215,550 more.
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