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Address Estate Agents
Building
Geri, Nicosia
Offers in the region of

€380,000  ($441,182)

SOLD IN 34 DAYS
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: 8526610 (132236)
  • Total covered area: 377 sqm
  • Plot: 521 sqm

Description

The property under study comprises a three-storey building located in Latsia-Geri Municipality, of Nicosia District. The property is situated approximately 580 meters north of Geriou Avenue, 50 meters west of Athalassis Avenue, and 530 meters northeast of «A’ Geri Elementary School».
It is situated on a rectangular plot with an even surface. It abuts onto a registered road (Michael Karaoli Street, No.5) along its northeastern boundary, with a frontage of approximately 20 meters.
Within the plot, there is a three-storey building. On the ground floor, there is a house and a parking space, on the first floor, there is an upper-floor house, and the second floor comprises an incomplete unit. The building was erected in 1992 (circa) with a concrete frame and masonry bricks.

Ground floor house:
The unit consists of an open plan space with a living room and kitchen, one (1) bedroom, and a main bathroom. The house has an internal area of approximately 100m².

Upper floor house:
The property consists of a living room, dining room, kitchen, laundry room, three (3) bedrooms, where the master bedroom has an ensuite bathroom, a main bathroom with WC, an additional guest WC, and three (3) covered verandas. Based on the DLS info, the unit has an internal area of approximately 235m² and covered verandas of approximately 42m².

Incomplete house on the second floor:
The building has only been partially constructed, with the columns and roof completed. The state of the unit has remained incomplete since 1992. Based on the DLS, it has an area of approximately 235m².
Externally, there is a covered parking area for 2 cars.

Year built: 1992
Title deed: The property has a separate title deed with Reg. Number: 2/714
Covered Area: 335 m2
Covered Veranda: 42 m2
Plot Area: 521

Planning zone: Κα5
Building Coefficient: 100%
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
€11,800 ($13,700)
If buying on joint names
€8,400 ($9,752)

Disclaimer - Property reference 8526610. 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.