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Global Properties

1204m² Commercial property in Nicosia, Cyprus No. 2763

$ 3 418 230
$ 2 839 per m²
1204 Living space, m²
Nicosia, Cyprus
Parameters
Living space, m²
1204
ID
2763
Type
Commercial property
Land area, m²
1236
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
Statistics Nicosia
$ 3 178
Price per m²
153
Quality of Life Index
57
Cost of living Index
Parameters
[:second_city:]
Nicosia
Difference
Monthly Rent Cost
1-Room Apartment
$ 773
2-Room Apartment
$ 654
Apartment Purchase Price per m²
In the City Center
$ 3 178
Outside the City Center
$ 2 295
Crime Index
33
Cost of Living and Rent Index
40
Purchasing Power Index
89
Property Price to Income Ratio
8
Safety Index
67
Traffic CO₂ Index
4601
Traffic Inefficiency Index
157
Rent Index
20
Health Care Index
56
Groceries Index
54
Pollution Index
60
Traffic Commute Time Index
27
Restaurant Price Index
59
Climate Index
86
Cost of Living Index
57
Quality of Life Index
153
Traffic Index
113
Restaurants
Meal, Inexpensive Restaurant
$ 17.56
Meal for 2 People, Mid-range Restaurant, Three-course
$ 70.26
McMeal at McDonalds (or Equivalent Combo Meal)
$ 8.78
Domestic Beer (0.5 liter draught)
$ 4.68
Imported Beer (0.33 liter bottle)
$ 5.85
Coke/Pepsi (0.33 liter bottle)
$ 1.74
Water (0.33 liter bottle)
$ 0.96
Cappuccino (regular)
$ 3.72
Markets
Milk (regular), (1 liter)
$ 2.02
Loaf of Fresh White Bread (500g)
$ 2.10
Eggs (regular) (12)
$ 4.66
Local Cheese (1kg)
$ 14.18
Water (1.5 liter bottle)
$ 1.07
Bottle of Wine (Mid-Range)
$ 8.20
Domestic Beer (0.5 liter bottle)
$ 1.92
Imported Beer (0.33 liter bottle)
$ 2.94
Cigarettes 20 Pack (Marlboro)
$ 5.85
Apples (1kg)
$ 3.15
Chicken Fillets (1kg)
$ 9.55
Oranges (1kg)
$ 2.21
Potato (1kg)
$ 1.75
Lettuce (1 head)
$ 0.94
Rice (white), (1kg)
$ 2.94
Tomato (1kg)
$ 3.41
Banana (1kg)
$ 2.11
Onion (1kg)
$ 1.58
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 13.50
Transportation
One-way Ticket (Local Transport)
$ 2.81
Monthly Pass (Regular Price)
$ 58.55
Gasoline (1 liter)
$ 1.62
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 427
Taxi Start (Normal Tariff)
$ 5.85
Taxi 1km (Normal Tariff)
$ 2.04
Taxi 1hour Waiting (Normal Tariff)
$ 52.69
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 34 076
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 211
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 34.03
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 21.20
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 812
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
4%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 74.65
Tennis Court Rent (1 Hour on Weekend)
$ 27.96
Cinema, International Release, 1 Seat
$ 11.71
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 99.97
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 54.15
1 Pair of Nike Running Shoes (Mid-Range)
$ 97.64
1 Pair of Men Leather Business Shoes
$ 120
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 509
International Primary School, Yearly for 1 Child
$ 9 337
Mercury Group
Mercury Group
Contact seller
Mercury Group
Mercury Group
Contact seller

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