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Building
Agios Dometios, Nicosia
Offers in the region of

€5,089,000  ($5,922,145)

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: 829490 (16312)
  • Total covered area: 3705 sqm
  • Plot: 3600 sqm
  • Covered garage
  • Title deeds available

Description

This 6-storey mixed-use building with a built area of 3,205 sqm is located in a prestigious and advantageous location in Agios Dometios, Nicosia.
The asset is located 275m northeast of the Kolokasides roundabout, opposite the Egkomi Industrial area, and circa 400m west of the Kyriakou Matsi avenue and Dimokratias avenue traffic light junction.
The building comprises a basement, retail shops, and storage space on the ground floor, and offices and apartments on the remaining floors.
The ground floor comprises four shops; the 1st floor, two offices and an apartment; the 2nd, 3rd, and 4th floors, four apartments on each; and the 5th floor, one apartment.
The property is currently vacant.

The local area is fully developed with commercial buildings, offices, showrooms, and buildings of mixed commercial and residential use.
The asset is located close to Kyriakou Matsi avenue, one of the busiest avenues of Agios Dometios, and enjoys good accessibility towards Nicosia city and the surrounding areas.
The property is zoned as Eβ3 (commercial) with 160% building density, 50% coverage, 6 floors, and a maximum height of 24m.
Plot Title Deed Reg. Numbers. : 2/2756 & 2/2775

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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
€200,160 ($232,929)
If buying on joint names
€196,760 ($228,973)

Disclaimer - Property reference 829490. 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.