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Building
Latsia, Nicosia
Offers in the region of

€470,000  ($545,521)

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: 1098905 (altia312)
  • Total covered area: 535 sqm
  • Plot: 514 sqm
  • 46% share of land Title Deed with Distribuition Agreement
  • Year Build: 1992

Description

Renovated building consisting of two spacious, three-bedroom apartments, a ground floor and an upper floor, located in Agios Georgios, Latsia, NIcosia.
The property has a distribution agreement and refers to the 46% share of land, 514 sq.m. out of 1.114 sq.m. in total.
The process for issuance of separate title deeds has commenced for the two apartments.
The ground floor house on its northern part consist of an open plan living, dining and kitchen area, a shower room with toilet and a spacious 1 bedroom. On its southern part it was previously used as a nursery school and consists of a separate kitchenette and 5 other rooms.
The property could either be renovated and brought back to its licensed usage as a home , or used as two different properties subject to acquiring the relevant permits.
The upper floor apartment consist of a kitchen with a laundry room/kitchenette and a sitting area, a living room with a dining area, three bedrooms of which the master bedroom is en-suite, a bathroom with a bathtub and a toilet and a bathroom with a shower and a toilet.
The property is located in Agios Georgios, Latsia, Nicosia, about 40m north from Agios Georgios church and about 600m west from B' Primary school of Latsia.
The property falls within Zone Εβ3, with a building coefficient of 160%, coverage of 50%, and permission for 6 floors (24m) of construction.
The unified property corresponds to individual listings 45180 & 45181.

1st unit
Enclosed area size: 234 sqm
Covered verandas size: 32 sqm

2nd unit
Enclosed area size: 211 sqm
Floor: 1st
Covered verandas size: 58 sqm

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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
€15,400 ($17,875)
If buying on joint names
€12,000 ($13,928)

Disclaimer - Property reference 1098905. 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.