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Commercial Development
Agios Dometios, Nicosia

€1,350,000  ($1,559,232)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/E

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BuySell Cyprus Real Estate offer on property will expire soon
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Compared currency flag Pay in USD and save up to $54,573

Average Bank Rate (€1,350,000)
1 USD = 0.8365 EUR
$1,613,805

Mid-market rate (€1,350,000)
1 USD = 0.8658 EUR
$1,559,232

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: 1069414 (141193)
  • Total covered area: 260 sqm

Description

Building with title deed, residential apartments, with built area of 260 sqrm, area 558 sqrm, in the area of Agios Dometios within Nicosia district. Main features include: Elevator, gated parking, mezzanine, modern architecture, basement. The building has provision for air-conditioners. The Energy Efficiency Class of the building is B. The Building was constructed in 2012. The plot characteristics are: within planning zone Eb3, has a build coefficient of 160.000% with covered coefficient of 50.00%, maximum building permissible height 24.00 meters, and maximum number of floors 6. Other characteristics of Building: electricity, telephone, water connection, connected to sewage system. Τhe plot area is 558 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 633 sqrm. Zone: Commercial and other central services. Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, Church. View: town. The type of road leading to the property is tarmac secondary road. There is road frontage of 25 meters. The investment is € 5,192 per covered square meter. If you also take into account that you also get a plot 558 sqrm then you can better understand the value. It appears that there is 71% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 633 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. This Building has title deed ready.

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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
€50,600 ($58,442)
If buying on joint names
€47,200 ($54,515)

Disclaimer - Property reference 1069414. 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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