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Nicosia Municipality, Nicosia
Offers in the region of

€1,235,000  ($1,433,917)

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: 830273 (28649)
  • Total covered area: 552 sqm

Description

This asset comprises of the two shops on the ground floor of “Panorma Court” with a unified mezzanine and basement located on a seven storey mixed used development in Agios Antonios, Nicosia. The assets are located on the corner of Archebishop Makariou III Avenue and Gevgelis street, 200m west of "The Landmark" hotel and 650m southeast of Lykavitos police station. The asset comprises of two shops of 215sqm and 59sqm, that share a 278sqm mezzanine and a 297sqm basement. Makariou Avenue is the main commercial avenue of Nicosia. It is primarily developed with commercial buildings that house numerous shops, cafeterias and banks as well as offices for various companies and government agencies. The asset falls within commercial planning zone Εβ1 with building density coefficient of 200%, coverage coefficient 50%, in 10 floors and a maximum height of 38m. Reg. No.: 1/1487

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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
€46,000 ($53,409)
If buying on joint names
€42,600 ($49,461)

Disclaimer - Property reference 830273. 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.