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Address Estate Agents
Building
Nicosia Walled Old City, Nicosia
Offers in the region of

€440,000  ($510,842)

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: 830251 (28942)
  • Total covered area: 405 sqm
  • Plot: 538 sqm
  • Year of Completion: 1968

Description

This asset is a listed mixed-use building in Agios Andrea’s quarter, within Nicosia’s old city walls. The asset is adjacent to Ouzounian Street, c.800m north of Solomou square and c.250m west of Ledras Street. The asset has an area of 405sqm and comprises of five shops on the ground floor and two four-bedroom apartments on the first floor. The building was constructed with traditional stone on the exterior walls and has an inclined roof covered with shingles. The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia. The asset falls within planning zone Kα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m. Reg. No.: 5/546

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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
€14,200 ($16,486)
If buying on joint names
€10,800 ($12,539)

Disclaimer - Property reference 830251. 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.