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Commercial Building
Strovolos, Nicosia
Offers in the region of

€320,000  ($371,541)

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: 1690526 (altia2510)
  • Plot: 2500 sqm
  • Occupancy status: Rented
  • Plot area: 2.500 sqm
  • Frontage length: 222 m
  • Build year: 1994

Description

A 25% share of a residential field extends to about 2,500 sq.m. in total.
The property is located on a high-traffic road and next to the American Heart Institute in Nicosia.
The property has a flat surface and access is via three registered roads which are facing the north, west, and south-east side of the property with a total road frontage of approximately 222m.
Within the field, there is an operating petrol station with a rental yield of approximately 8.6%.
The property falls within Zone Κα7, with a building coefficient of 80%, coverage of 45%, and permission for 3 floors (13.5m) of construction.

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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
€9,400 ($10,914)
If buying on joint names
€6,300 ($7,315)

Disclaimer - Property reference 1690526. 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.