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Makedonitissa, Nicosia
Offers in the region of

€584,000  ($677,839)

Bank Owned Property
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: 1216640 (altia1778)
  • Total covered area: 360 sqm
  • Plot: 1162 sqm

Description

The property refers to the shop (no.1) located on 2nd floor of a two-storey building.
The asset was used in the past as live music stage and comprises of an open space with two bars ( 360 sq.m), mezzanine ( 153 sq.m) and dressing rooms with toilets.
Furthermore the property offers a storage room of 20 sq.m (no.3) situated on the second floor and 109 sq.m of uncovered veranda.

The asset is located approx. 550m from the motorway and 200m north of \"Mall of Egkomi\".

The property falls within Zone \u0395\u03b24, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.

Energy Category: D

Property is occupied.","locale":"en"}],"disclaimer":[{"value":["The property is owned by Eurobank Limited.","The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).","The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.","Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.

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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
€19,960 ($23,167)
If buying on joint names
€16,560 ($19,221)

Disclaimer - Property reference 1216640. 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.