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Apartment Building
Aglantzia, Nicosia

€395,000  ($449,150)

SYNERGY ESTATE AGENTS

SYNERGY ESTATE AGENTS

Reg.No: 1150 / Licensed No: 567/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $15,720

Average Bank Rate (€395,000)
1 USD = 0.8497 EUR
$464,870

Mid-market rate (€395,000)
1 USD = 0.8794 EUR
$449,150

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: 8175277 (23350)
  • Plot: 350 sqm

Description

The property is offered for sale as an entire building, representing a solid investment opportunity with both immediate and future potential.

It is built on a 350 sq.m. plot, plus approximately 100 sq.m. of common areas, and consists of a ground floor and a first floor, with approved structural provisions for the construction of an additional second floor.

The ground floor totals 150 sq.m. and, based on existing permits, can be developed either into three one-bedroom apartments or used as three separate commercial shops.

The first floor comprises a fully renovated 150 sq.m. apartment with four bedrooms, two bathrooms, living and dining areas, verandas, and storage, ready for immediate use or rental.

The approved option for a second floor allows further development, increasing rental income and overall asset value.

For privacy reasons, the advertiser has not indicated the exact address.
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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
€12,400 ($14,100)
If buying on joint names
€9,000 ($10,234)

Disclaimer - Property reference 8175277. 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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