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Building
Agios Dometios, Nicosia
Offers in the region of

€557,000  ($642,363)

Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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Compared currency flag Pay in USD and save up to $22,483

Average Bank Rate (€557,000)
1 USD = 0.8378 EUR
$664,846

Mid-market rate (€557,000)
1 USD = 0.8671 EUR
$642,363

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 830099 (28182)
  • Total covered area: 619 sqm
  • Plot: 330 sqm
  • Reg. No. : 13/488
  • Year of Completion: 1970

Description

This asset is a commercial building in Agios Dometios, Nicosia.
The asset is adjacent to Gregori Afxentiou Avenue, c. 195m east of Agiou Georgiou church and c. 720m southeast of the Nicosia Horse Racing Club.
The asset comprises three shops:
-A shop of 115sqm with a 56sqm mezzanine.
-A shop of 58sqm with a 29sqm mezzanine.
-A shop of 72sqm.
The immediate area of the property comprises commercial developments along Gregori Afxentiou Avenue and residential developments in the side streets. The area enjoys easy access to the center of Nicosia.
The asset falls within commercial planning zone Εβ3, with a building density coefficient of 160%, a coverage coefficient 50%, on 6 floors, and a maximum height of 24m.
All three shops are currently occupied.
Pizzeria rented out for 745 euros per month
Zako shop rented out for 284 euros per month
The garage is rented out for 325 euros per month

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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
€18,880 ($21,773)
If buying on joint names
€15,480 ($17,852)

Disclaimer - Property reference 830099. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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