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Mixed Use Project for sale in Archangelos, Nicosia

Archangelos, Nicosia, Cyprus
Mixed Use Project for sale in Archangelos, Nicosia 18 Archangelos
Offers in the region of
615000 €615,000 ($598,953)
Mixed Use Project
Archangelos, Nicosia
Offers in the region of
€615,000  ($598,953)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $20,963

Average Bank Rate (€615,000)
1 USD = 0.9921 EUR

Mid-market rate (€615,000)
1 USD = 1.0268 EUR

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: 823592
  • Total covered area: 735 sqm
  • Plot: 644 sqm


Three-storey mixed use building in a popular and attractive location in Chryseleousa Community in Strovolos Municipality, at a distance of 160 meters (approx.) southeast of Arhaggelos Michail avenue and 750 meters (approx.) southwest of K-Cineplex. The property is ideally situated close to a plethora of amenities and services such as schools, shops, supermarkets, restaurants etc. In addition, the property enjoys very good access to the motorway and the Nicosia city center. Furthermore, the “Jumbo” and the European University of Nicosia are also a short drive away.The building consists of two shops on the ground floor and four three-bedroom apartments on two upper floors. It is noted that the first floor remains incomplete. The basement consists of parking spaces and a storage. The area of the ground floor is 255 sqm (approx.), the 1st and 2nd floor are 240 sqm (approx.) each.The shops are vacant and the apartments on the 2nd floor are occupied.The property is considered as an appealing real estate investment. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Nicosia Municipality: Strovolos Quarter: Chryseleousa

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Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€1,138 ($1,108)
If buying on joint names
€1,138 ($1,108)
Transfer fees
If buying as an individual
€21,200 ($20,647)
If buying on joint names
€17,800 ($17,336)

Disclaimer - Property reference 823592. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars.

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