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Pay in USD and save up to $24,200A two-storey mixed-use building located in Agios Dometios, Nicosia is for sale. The building consists of a basement with parking spaces and storerooms, three (3) shops on the ground floor, an office on the 1st floor and an apartment on the 2nd floor. Three stores have been combined and are being used as a grocery store/supermarket and are currently leased. The office on the 1st floor is vacant. The apartment on the 2nd floor is used as an office and is currently rented out. The current return on investment is 3.8% with the potential to increase by 6.1% when renting an office on the ground floor. The object falls into the area of Πα8α, with a building coefficient of 140%, a coverage of 70% and a construction permit for 2 floors (7 m).
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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