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Nicosia Municipality, Nicosia
Offers in the region of

€850,000  ($987,118)

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: 829972 (27380)
  • Total covered area: 366 sqm

Description

The asset is a commercial space located on the first floor of Galaxias Commercial Center in Makariou Avenue, Nicosia. The asset comprises of two unified units of 366sqm. The asset has an open plan layout and includes a kitchen, storage rooms and toilets. The asset enjoys the exclusive right of use of two parking spaces in the second basement. The immediate area of the property is the main commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Along Makariou Avenue there are numerous shops, cafeterias and banks as well as offices for many companies and government agencies. The asset falls within planning zones ΠΕΖ with building density coefficient of 250% and coverage coefficient of 70%. Reg. No. : 25/4785, 25/4786

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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
€30,600 ($35,536)
If buying on joint names
€27,200 ($31,588)

Disclaimer - Property reference 829972. 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.