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Address Estate Agents
Mixed Use Project
Strovolos, Nicosia

€405,000  ($470,207)

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: 923414 (8406)
  • Total covered area: 626 sqm
  • Plot: 477 sqm
  • Title Deed Reg. No.: 3/699

Description

The property is a mixed-use building in Strovolos. It is located in Chryseleousa Quarter, on Strovolou Avenue, 50m from Agia Marina primary school and 150m from Pericleous Avenue.
The plot has a land area of 477sqm, 29m of road frontage, and a covered area of 496sqm. The building consists of a basement, 2 shops on the ground floor, and 2 apartments on the first floor.

The two shops on the ground floor have 120sqm each. The two apartments on the 1st floor have an internal area of 128sqm each. There is also a basement with a covered area of 130sqm. The shops and the flats are vacant.
The property offers proximity to all amenities and easy access to the center of Nicosia.
The plot can be developed into a commercial building with a basement, ground floor, and five floors. The building can include an underground parking area, a ground floor with additional parking spaces and an entrance lobby, as well as five floors with a net area of approx. 128 sqm each, plus common areas.

Parking spaces:
6 on the ground floor
6 on the basement

Covered Area: 496 m2
Basement area: 130 m2
Total Covered Area: 626 m2
Land area: 477 m2


Planning Zone: ΕΒ3
Town planning zone: Commercial
Building density: 160 %
Coverage ratio: 50 %
Max floors: 6
Max height: 24 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
€12,800 ($14,861)
If buying on joint names
€9,400 ($10,913)

Disclaimer - Property reference 923414. 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.