485m² Commercial property in Nicosia, Cyprus No. 47585

485m² Commercial property in Nicosia, Cyprus No. 47585
ID47585 $ 1 506 059
47585

Property description

For sale business of 485 sq.meters in Nicosia. Mixed-use building in Egkomi, Nicosia. The property concerns a mixed-use building, in Egkomi Municipality. It is located 5 minutes drive from the Mall of Egkomi and 2 minutes drive from Archangelos round-about, 350m from Lefkotheou Avenue. The building abuts on Lykavitou Avenue, which is one of the main commercial streets in the area, with a total frontage of 20m. Consists of a showroom with a mezzanine and basement on the ground floor, an office on the 1st floor and a flat on the 2nd floor. The basement has an area of 345sqm, the showroom has a total area of 250sqm and the mezzanine 110sqm. The office on the first floor has an internal area of 110 sqm. The apartment on the second floor consists of an open plan area with a kitchen, living room and dining room, 3 bedrooms one of the en-suite and a separate bathroom. The apartment has a total area of 125 sqm, 30 sqm covered verandas and 46 sqm of uncovered verandas. The plot has a land area of 549sqm.
The property offers close proximity to an ample of amenities such as shops, restaurants, university and schools. The immediate area of the asset is residential comprising of residential developments. Energy Performance Certificate for shop: Energy Class C Energy Performance Certificate for office: Energy Class D Energy Performance Certificate for apartment: Energy Class F
Nicosia - Statistics
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ParametersNicosia
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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ParametersNicosia
Crime Index30.71
Cost of Living and Rent Index35.65
Purchasing Power Index84.47
Property Price to Income Ratio6.70
Safety Index69.29
Traffic CO₂ Index4596.94
Traffic Inefficiency Index117.15
Rent Index16.98
Health Care Index56.55
Groceries Index50.85
Pollution Index59.30
Traffic Commute Time Index24.38
Restaurant Price Index51.31
Climate Index86.01
Cost of Living Index51.36
Quality of Life Index156.17
Traffic Index107.94
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ParametersNicosia
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-Rate3.80
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.
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CityNicosia
TypeCommercial property
Living space485 m²
  • sq. ft
Land area549 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 506 059