1340m² Commercial property in Nicosia, Cyprus No. 47399
ID47399
$ 3 926 910
Property description
For sale business of 1340 sq.meters in Nicosia. Royiatiko hotel and 3 plots in Nicosia Old Town. The property consists of a two-star hotel and three adjacent plots in Nicosia Old Town (Tampakchane quarter). The plots concern two commercial plots and one residential. They have a total land area of 717sqm and are located 150m from Eleftheria’s Square and 70m from Solomou Square. The three plots can be used as parking lots for the hotel. The hotel is known as “Royiatiko” and is located in Trypiotis area. It is situated on the corner of Apollonos Street within the walled city of Nicosia, 60m from Ledras Street. The location of the property is one of the most tourist areas of Cyprus which consists of restaurants, shops, and hotels. The hotel has good external appearance, physical condition, and maintenance. It has a land area of 777sqm. It has a total capacity of 33 rooms and consists of 4 floors (a ground floor and 3 floors above), plus 2 basement levels. The hotel has an internal covered area of 1,340sqm, 92sqm of covered verandas, 1,243sqm of basements and 100sqm of bar situated in its southern part. The ground floor consists of the reception area, a sitting area, 2 office rooms, a restaurant with a bar, and a kitchen. The 33 rooms are situated on the floors above. On each floor, there is a special room for persons with disabilities. The outdoor areas consist of a guest dining area, a swimming pool, outdoor showers, a bar, and a storage area. Also, there is a separate bar which consists of a single dining area with a bar, guest and staff toilets and a storage room. Basement level 1 consists of a gym, toilets, changing rooms, storage rooms, office, E.A.C. substation, and staff room. Basement level 2 consists of 20 covered parking spaces and a storage room. The hotel falls within the planning zone EZ-EN. The plot with parcel number 96 falls within the residential zone KΑ-Α.
The plot with parcel number 163 falls within the commercial zone EZ-EN.
The plot with parcel number 94 falls within the residential zone KΑ-Α (30%) and within the commercial zone EZ-EN (70%).
The plot with parcel number 163 falls within the commercial zone EZ-EN.
The plot with parcel number 94 falls within the residential zone KΑ-Α (30%) and within the commercial zone EZ-EN (70%).
Nicosia - Statistics
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| Parameters | Nicosia |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 701.37 |
| Apartment (1 bedroom) Outside of Centre | $ 564.78 |
| Apartment (3 bedrooms) in City Centre | $ 1 290.54 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 047.06 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 2 641.94 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 1 821.31 |
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| Parameters | Nicosia |
|---|---|
| Crime Index | 30.71 |
| Cost of Living and Rent Index | 35.65 |
| Purchasing Power Index | 84.47 |
| Property Price to Income Ratio | 6.70 |
| Safety Index | 69.29 |
| Traffic CO₂ Index | 4596.94 |
| Traffic Inefficiency Index | 117.15 |
| Rent Index | 16.98 |
| Health Care Index | 56.55 |
| Groceries Index | 50.85 |
| Pollution Index | 59.30 |
| Traffic Commute Time Index | 24.38 |
| Restaurant Price Index | 51.31 |
| Climate Index | 86.01 |
| Cost of Living Index | 51.36 |
| Quality of Life Index | 156.17 |
| Traffic Index | 107.94 |
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| Parameters | Nicosia |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 12.66 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 66.05 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.71 |
| Domestic Beer (0.5 liter draught) | $ 4.40 |
| Imported Beer (0.33 liter bottle) | $ 5.50 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.56 |
| Water (0.33 liter bottle) | $ 0.75 |
| Cappuccino (regular) | $ 3.59 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.82 |
| Loaf of Fresh White Bread (500g) | $ 1.98 |
| Eggs (regular) (12) | $ 3.68 |
| Local Cheese (1kg) | $ 13.31 |
| Water (1.5 liter bottle) | $ 0.91 |
| Bottle of Wine (Mid-Range) | $ 8.81 |
| Domestic Beer (0.5 liter bottle) | $ 1.69 |
| Imported Beer (0.33 liter bottle) | $ 3.06 |
| Cigarettes 20 Pack (Marlboro) | $ 5.50 |
| Apples (1kg) | $ 2.84 |
| Chicken Fillets (1kg) | $ 8.78 |
| Oranges (1kg) | $ 1.85 |
| Potato (1kg) | $ 1.37 |
| Lettuce (1 head) | $ 0.54 |
| Rice (white), (1kg) | $ 2.49 |
| Tomato (1kg) | $ 2.54 |
| Banana (1kg) | $ 1.98 |
| Onion (1kg) | $ 1.26 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.20 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.64 |
| Monthly Pass (Regular Price) | $ 55.04 |
| Gasoline (1 liter) | $ 1.54 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 27 465.18 |
| Taxi Start (Normal Tariff) | $ 3.85 |
| Taxi 1km (Normal Tariff) | $ 1.38 |
| Taxi 1hour Waiting (Normal Tariff) | $ 55.04 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 28 272.44 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 207.87 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 29.25 |
| $ 22.97 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 665.54 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.80 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 65.59 |
| Tennis Court Rent (1 Hour on Weekend) | $ 24.77 |
| Cinema, International Release, 1 Seat | $ 11.01 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 75.22 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 34.03 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 85.62 |
| 1 Pair of Men Leather Business Shoes | $ 94.49 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 398.74 |
| International Primary School, Yearly for 1 Child | $ 7 405.46 |
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
Nicosia
Commercial property
1340 m²
- m²
- sq. ft
1494 m²
- m²
- sq. ft
$ 3 926 910
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