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Office
Agioi Omologitai, Nicosia
Offers in the region of

€550,000  ($638,587)

SOLD
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 822708 (121871)
  • Total covered area: 325 sqm

Description

Office in a central and lively location in Agioi Omologites Quarter, in Nicosia Municipality, at a distance of 950 meters (approx.) northeast of the Presidential Palace and 200 meters north of the Agioi Omologites Primary School. The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes, bakeries, etc. In addition, it has excellent accessibility to the city center. In general, it is an excellent location with high demand for properties due to its centrality and accessibility. The property abuts Dimostheni Severi Avenue and is located on the 5th floor of the building named “Presidium”. The building was built 20 years ago (approx.) and its level of construction and maintenance is good. Internally the office consists of a reception area, office spaces, a meeting room, a hygiene area, and two small kitchenettes. The area of internal spaces is 325 sqm and the covered veranda is 12 sqm. It is important to note that the property has the exclusive right of use of a room with a total area of 21 sqm that is located on the building roof. It has a separate title deed and 6 covered parking spaces in the basement. The office is vacant and it is considered a good choice for personal use or rental with the potential of a high rate of return.

Year built: 2001
Title deed: The property has a separate title deed

Planning zone: Εβ2
Building Coefficient: 180%
Coverage Coefficient: 50%
Maximum Floors Allowed: 6
Maximum Building Height (m): 24

Planning zone: Κα3
Building Coefficient: 140%
Coverage Coefficient: 50%
Maximum Floors Allowed: 3
Maximum Building Height (m): 13,50

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€18,600 ($21,596)
If buying on joint names
€15,200 ($17,648)

Disclaimer - Property reference 822708. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.