Within the property there is a two-storey mixed-use building which was construction around 1991 and consists of a basement, a gym with a mezzanine and an office on the ground floor, and two flats on the first floor.
The basement is used for storage.
The northern part of the ground floor is now used as a gym, and the mezzanine has been converted into a utility room and restroom area. The southern part of the ground floor is now used as an office. Part of the parking area has also been converted into interior space.
The flat with door no. 101 on the 1st floor comprises a living/dining room/kitchen as an open-plan area, a toilet with bathroom, covered verandas and two bedrooms, one of which has an office area.
The flat with door number 102 on the 1st floor comprises a living room/kitchen as an open-plan space, an office room, a toilet with bathroom, covered/uncovered verandas, two bedrooms, the master bedroom with en-suite shower room and toilet.
The interior area of the ground floor is approximately 211 sq.m., the mezzanine is approximately 108 sq.m., and the basement is approximately 36 sq.m. The flat with door number 101 is approximately 137 sq.m. and the uncovered veranda is approximately 9 sq.m. The interior area of flat no. 102 is approximately 84 sq.m., the covered veranda is approximately 10 sq.m. and the uncovered veranda is approximately 4 sq.m.
The property has the possibility for further development, both residential and commercial.
The property falls within Urban Planning Zone ΕΖ-α (Eastern Commercial Development Zone – Outside the walls) with a Maximum Building Density of 200%.
The ground floor is rented for €1700/month.
District: Nicosia
Municipality: Nicosia Municipality
Quarter: Panagia
Title deed: The property has a separate title deed
The property is rented
Description
The property concerns two unified apartments (door no. 101 & 102) in Panagia. They occupy the entire 1st floor of a residential building with 11 units in total (10 apartments and 1 shop used as a gym). Access between floors is achieved through an internal staircase and an elevator.
The apartment
Detached three-bedroom house in Panagia quarter, in Nicosia municipality of Nicosia District.
The property is located at 220 meters west of Famagusta avenue and 65 meters (approx.) east from 14th of August 2005 park. It is situated in a developing and beautiful area close to all necessary amenities and services and
Detached three-bedroom house in Panagia quarter, in Nicosia municipality of Nicosia District.
The property is located at 220 meters west of Famagusta avenue and 65 meters (approx.) east from 14th of August 2005 park. It is situated in a developing and beautiful area close to all necessary amenities and services and
Two-bedroom apartment in the Panagia Parish, Nicosia Municipality.
It is situated in an area with excellent access to amenities such as schools, supermarkets, and other services.
The apartment has a door No. 202 (No. 2) and is located on the 2nd floor of a building constructed in 2010. The property consists of