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Nicosia Municipality, Nicosia
Offers in the region of

€825,000  ($957,880)

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: 830079 (16058)
  • Total covered area: 365 sqm

Description

This ideal small size commercial unit with a large display frontage is well-located on the ground floor of the Julia House office building on Themistokli Dervi Street in central Nicosia. The property is currently vacant and is split into two shops. The asset has a total ground floor surface of 225 sqm, a mezzanine of 114 sqm and a basement of 26 sqm featuring a service area, a toilet and kitchen. Themistokli Dervi Street is one of the most important commercial roads of Nicosia with several important fashion brands as well as coffee shops and restaurants. The Julia House office building is mainly occupied by PWC and is in an excellent condition. The asset is located in a prime commercial area in Nicosia’s city centre in walking distance to the new Eleftheria Square, and Ledra and Onasagorou Streets: Nicosia’s pedestrianised Old City area and the main touristic area of the city. The well-developed wider area is mainly commercial and is surrounded by high end residential towers such as Jean Nouvel Tower, the new Cyfield Tower and the new Evagorou Tower (both currently under construction). The property is zoned as Eα1 (commercial) with 250% building density, 40% coverage, 14 floors and a maximum height of 52m. Reg. No.: 25/5260

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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
€29,600 ($34,368)
If buying on joint names
€26,200 ($30,420)

Disclaimer - Property reference 830079. 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.