Land, For Sale, Nicosia, Faneromeni

Faneromeni, Cyprus

For Sale

€1,100,000

REF: 767919 €1,100,000


Description

Commercial plot in a unique location, in Tripiotis quarter, in Nicosia. It is located in the COMMERCIAL CENTRE OF NICOSIAThe area is characterized by its plethora services and facilities. It has a rectangular shape, an even surface and a road frontage of approximately 25 meters. Given the lack of vacant plots in the area, it is an attractive investment opportunity.

With the right building design, the plot could be utilized and developed with a commercial multi-storey building of mixed or commercial or residential use. It is noted that the plot falls within the commercial zone EZ-κ which allows the construction of a six-storey building.In addition, 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.

    Εμπορικό οικόπεδο σε μοναδική τοποθεσία, στη συνοικία Τρυπιώτη, στην επαρχία Îευκωσίας. Βρίσκεται μέσα ΣΤΟ ΕΜΠΟΡΙΚΟ ΚΕΝΤΡΟ ΤΗΣ ÎΕΥΚΩΣΙΑΣ.. Η περιοχή χαρακτηρίζεται από πληθώρα υπηρεσιών και εγκαταστÎσεων.

Έχει ορθογώνιο σχήμα, επίπεδη επιφÎνεια και πρόσοψη δρόμου περίπου 25 μέτρα. Δεδομένης της έλλειψης κενών οικοπέδων στην περιοχή, αποτελεί μια ελκυστική επενδυτική ευκαιρία.

Με τον σωστό κτιριακό σχεδιασμό, το οικόπεδο θα μπορούσε να αξιοποιηθεί και να αναπτυχθεί με επαγγελματικό πολυώροφο κτίριο μικτής ή εμπορικής ή οικιστικής χρήσης.

Σημειώνεται ότι το οικόπεδο εμπίπτει στην εμπορική ζώνη ΕΖ-κ που επιτρέπει την ανέγερση εξαώροφης οικοδομής. Επιπλέον, μπορεί επίσης να επωφεληθεί από πολυÎριθμα κίνητρα σχεδιασμού, όπως η ουσιαστική αύξηση της επιτρεπόμενης πυκνότητας δόμησης, καθώς βρίσκεται εντός της περιοχής που καλύπτεται από το Τοπικό Σχέδιο Κέντρου Πόλης Îευκωσίας.      
Commercial plot in a unique location, in Tripiotis quarter, in Nicosia. It is located in the COMMERCIAL CENTRE OF NICOSIAThe area is characterized by its plethora services and facilities. It has a rectangular shape, an even surface and a road frontage of approximately 25 meters. Given the lack of vacant plots in the area, it is an attractive investment opportunity.

With the right building design, the plot could be utilized and developed with a commercial multi-storey building of mixed or commercial or residential use. It is noted that the plot falls within the commercial zone EZ-κ which allows the construction of a six-storey building.In addition, 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.

    Εμπορικό οικόπεδο σε μοναδική τοποθεσία, στη συνοικία Τρυπιώτη, στην επαρχία Îευκωσίας. Βρίσκεται μέσα ΣΤΟ ΕΜΠΟΡΙΚΟ ΚΕΝΤΡΟ ΤΗΣ ÎΕΥΚΩΣΙΑΣ.. Η περιοχή χαρακτηρίζεται από πληθώρα υπηρεσιών και εγκαταστÎσεων.

Έχει ορθογώνιο σχήμα, επίπεδη επιφÎνεια και πρόσοψη δρόμου περίπου 25 μέτρα. Δεδομένης της έλλειψης κενών οικοπέδων στην περιοχή, αποτελεί μια ελκυστική επενδυτική ευκαιρία.

Με τον σωστό κτιριακό σχεδιασμό, το οικόπεδο θα μπορούσε να αξιοποιηθεί και να αναπτυχθεί με επαγγελματικό πολυώροφο κτίριο μικτής ή εμπορικής ή οικιστικής χρήσης.

Σημειώνεται ότι το οικόπεδο εμπίπτει στην εμπορική ζώνη ΕΖ-κ που επιτρέπει την ανέγερση εξαώροφης οικοδομής. Επιπλέον, μπορεί επίσης να επωφεληθεί από πολυÎριθμα κίνητρα σχεδιασμού, όπως η ουσιαστική αύξηση της επιτρεπόμενης πυκνότητας δόμησης, καθώς βρίσκεται εντός της περιοχής που καλύπτεται από το Τοπικό Σχέδιο Κέντρου Πόλης Îευκωσίας.      
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Property on Map

#4541

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 €1,100,000 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
€1,100,000 £911,141 £945,395 £34,254
Property Price € €1,100,000
Minimum cost in the last six months £911,141
Maximum cost in the last six months £945,395
Fluctuating exchange rates over the last six months could have increased the cost of this property by £34,254

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 €1,100,000 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
€1,100,000 £911,141 £945,395 £34,254
Property Price € €1,100,000
Minimum cost in the last six months £911,141
Maximum cost in the last six months £945,395
Fluctuating exchange rates over the last six months could have increased the cost of this property by £34,254

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 £34,254 more.

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