1204m2 Commercial property in Nicosia, Cyprus No. 22963
10
ID22963
€ 2 900 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
For sale business of 1204 sq.meters in Nicosia. Mixed-use building in Aglantzia, Nicosia. The asset is a two storey mixed-use building known as 'Wights Tower' in Aglantzia. It owns a prime location with high visibility on Limassol Avenue. It is adjacent to the Aluminium Tower and is located 1.5km from the city center. The building has a total covered area of 1,204sqm. The ground floor consists of three retail units with a total area of 550sqm and 268sqm mezzanine. The first floor consists of an apartment of 134sqm (currently used as part of a gym) and a vacant office area of 252sqm. The building also benefits from a basement parking area. A Planning Permit has been submitted for a mixed-use building. The planning permit includes:- Ground Floor: Two spacious shops/showrooms/offices offering flexibility for retail or office use, along with a convenient mezzanine level.
- First/ Second / Third / Fourth Floor: Office spaces, office areas with an open-plan area, conference rooms, kitchen facilities, and verandas.
- Basement: Parking spaces and additional storage rooms. Energy Performance Classifications for the shops: Energy Class C
Energy Performance Classifications for the Gym: Energy Class D
Energy Performance Classifications for the restaurant: Energy Class D
Nicosia - Statistics
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| Parameters | Nicosia |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | € 651.58 |
| Apartment (1 bedroom) Outside of Centre | € 522.65 |
| Apartment (3 bedrooms) in City Centre | € 1 260.59 |
| Apartment (3 bedrooms) Outside of Centre | € 1 006.67 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | € 2 587.50 |
| Price per Square Meter to Buy Apartment Outside of Centre | € 1 900.00 |
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| Parameters | Nicosia |
|---|---|
| Crime Index | 30.70 |
| Cost of Living and Rent Index | 34.29 |
| Purchasing Power Index | 84.48 |
| Property Price to Income Ratio | 7.53 |
| Safety Index | 69.30 |
| Traffic CO₂ Index | 4596.94 |
| Traffic Inefficiency Index | 117.15 |
| Rent Index | 17.25 |
| Health Care Index | 56.55 |
| Groceries Index | 46.14 |
| Pollution Index | 59.30 |
| Traffic Commute Time Index | 24.38 |
| Restaurant Price Index | 47.46 |
| Climate Index | 86.01 |
| Cost of Living Index | 47.87 |
| Quality of Life Index | 155.69 |
| Traffic Index | 107.94 |
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| Parameters | Nicosia |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | € 11.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | € 60.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | € 7.38 |
| Domestic Beer (0.5 liter draught) | € 4.00 |
| Imported Beer (0.33 liter bottle) | € 5.00 |
| Coke/Pepsi (0.33 liter bottle) | € 1.36 |
| Water (0.33 liter bottle) | € 0.64 |
| Cappuccino (regular) | € 3.27 |
| Markets | |
| Milk (regular), (1 liter) | € 1.75 |
| Loaf of Fresh White Bread (500g) | € 1.65 |
| Eggs (regular) (12) | € 3.60 |
| Local Cheese (1kg) | € 11.11 |
| Water (1.5 liter bottle) | € 0.86 |
| Bottle of Wine (Mid-Range) | € 8.00 |
| Domestic Beer (0.5 liter bottle) | € 1.65 |
| Imported Beer (0.33 liter bottle) | € 2.74 |
| Cigarettes 20 Pack (Marlboro) | € 5.00 |
| Apples (1kg) | € 2.54 |
| Chicken Fillets (1kg) | € 8.17 |
| Oranges (1kg) | € 1.70 |
| Potato (1kg) | € 1.15 |
| Lettuce (1 head) | € 0.60 |
| Rice (white), (1kg) | € 2.45 |
| Tomato (1kg) | € 2.70 |
| Banana (1kg) | € 1.80 |
| Onion (1kg) | € 1.23 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | € 11.37 |
| Transportation | |
| One-way Ticket (Local Transport) | € 2.40 |
| Monthly Pass (Regular Price) | € 50.00 |
| Gasoline (1 liter) | € 1.39 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | € 26 000.00 |
| Taxi Start (Normal Tariff) | € 4.25 |
| Taxi 1km (Normal Tariff) | € 1.50 |
| Taxi 1hour Waiting (Normal Tariff) | € 50.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | € 27 210.00 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | € 181.92 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | € 27.76 |
| € 20.31 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | € 1 490.15 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.53 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | € 62.27 |
| Tennis Court Rent (1 Hour on Weekend) | € 26.88 |
| Cinema, International Release, 1 Seat | € 10.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | € 78.33 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | € 42.86 |
| 1 Pair of Nike Running Shoes (Mid-Range) | € 73.40 |
| 1 Pair of Men Leather Business Shoes | € 98.13 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | € 398.89 |
| International Primary School, Yearly for 1 Child | € 6 636.38 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
CityNicosia
TypeCommercial property
Living space1204 m²
- m²
- sq. ft
Land area1236 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 2 900 000
Price history
05.04.2024
€ 2 900 000
29.11.2023
€ 3 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
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