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Studio Apartment
Archangelos, Nicosia

€700,000  ($812,994)

KW Seven

KW Seven

Reg. No: 772 / Licensed No:366/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $28,455

Average Bank Rate (€700,000)
1 USD = 0.8319 EUR
$841,449

Mid-market rate (€700,000)
1 USD = 0.8610 EUR
$812,994

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: 8698755 (LOUI)
  • Bathrooms: 1
  • Total covered area: 417 sqm
  • Plot: 522 sqm
  • Resale built in 1987
  • Energy Class: Not Required

Description

A whole building is offered for sale on a central road in Anthoupolis — an excellent choice for investors seeking stable returns.
The building was constructed in 1987 and consists of:
• Ground Floor: three shops — two of 46 sq.m. each and one of 71 sq.m.
• First Floor: two three-bedroom apartments, each with 2 WCs and 1 bathroom.
o The first apartment has 124 sq.m. of internal areas and 10 sq.m. of verandas.
o The second apartment offers 130 sq.m. of internal areas, 10 sq.m. of covered verandas, and 4 sq.m. of uncovered verandas.
At the back of the building, there is a parking area that can accommodate up to 5 vehicles.
The property is built on a 522 sq.m. plot with a building density of 120% and a coverage ratio of 50%. There is an unused building density of 165 sq.m., which may be utilized for future development.
Both the shops and the apartments are currently rented, providing the owner with a steady monthly income.
For more information or to arrange a viewing, please contact us.

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
€24,600 ($28,571)
If buying on joint names
€21,200 ($24,622)

Disclaimer - Property reference 8698755. 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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