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A seven-storey commercial building (known as Silvex House) in the Agios Omologites area, one of the most commercially active in Nicosia, is for sale. The total area of the building is 2130 m2, and the land area is 1501 m2. Part of the building is free for use, and part is leased. It consists of a two-level basement, an office and commercial ground floor and six more office floors.
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.
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