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Building
Nicosia Walled Old City, Nicosia

€255,000  ($296,056)

SOLD
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: 898198 (8252)
  • Total covered area: 133 sqm
  • Plot: 65 sqm
  • Year of construction: 1985

Description

The property is a two-story commercial building in Laiki Geitonia in Nicosia's old town. It is located 100m from Onasagorou and Ledras streets.
The building is used as a restaurant and has a covered area of 133 sqm. It is built within a plot with an area of 65 sqm.
The ground floor has a total internal area of 65 sqm and comprises an open plan dining area, kitchen, and storage room whereas the first floor has a total area 68 sqm and consists of office space, toilet, storage area, and a balcony. Externally there is a paved yard and a pergola that accommodates customers.
The property is considered an ancient monument of category B.
The immediate area is well-known as ‘Laiki Geitonia’ with pedestrian roads and residential and commercial buildings such as houses, shops, and restaurants.
It offers proximity to all amenities and it is within walking distance from all major tourist attractions in Nicosia Old Town.

Town planning zone: Commercial
Percentage: 100 %
Building density: 180 %
Coverage ratio: 70 %
Max floors: 3
Max height: 11.50 m

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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
€6,800 ($7,895)
If buying on joint names
€4,675 ($5,428)

Disclaimer - Property reference 898198. 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.