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Building for sale in Egkomi, Nicosia

Egkomi, Nicosia, Cyprus
Building for sale in Egkomi, Nicosia 123 Egkomi
Offers in the region of
3605000 €3,605,000 ($3,754,426)
Building
Egkomi, Nicosia
Offers in the region of
€3,605,000  ($3,754,426)
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 $131,405

Average Bank Rate (€3,605,000)
1 USD = 0.9277 EUR
$3,885,831

Mid-market rate (€3,605,000)
1 USD = 0.9602 EUR
$3,754,426

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: 830002

Description

This asset is a mixed use building in Engomi, Nicosia.

The asset is located on the corner of Ilia Papakyriakou Avenue and Makedonitissis Street and abuts Lordou Vyronos Street on its east border. It is at a distance of c. 70m east of Iroon Avenue and c. 610m northeast of the Cyprus International Exhibition.

The asset comprises of a ground floor showroom of 516sqm with a 376sqm mezzanine, three additional floors of 510sqm, 364sqm and 429sqm and a basement of 652sqm. The shop has a large storefront and can accommodate many retail uses.

The immediate area of the property is mainly developed with mixed use buildings, with retail units on the ground floor and offices or apartments on the floors above. Ilia Papakyriakou Avenue is a busy commercial street in Engomi which provides easy access to other areas of Nicosia.

The asset falls within two planning zones:

- Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17/14,3m.

- and Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.

Owner: Mazima Properties Ltd



EPC: Pending Energy Certificate

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

This asset is a mixed use building in Engomi, Nicosia.

The asset is located on the corner of Ilia Papakyriakou Avenue and Makedonitissis Street and abuts Lordou Vyronos Street on its east border. It is at a distance of c. 70m east of Iroon Avenue and c. 610m northeast of the Cyprus International Exhibition.

The asset comprises of a ground floor showroom of 516sqm with a 376sqm mezzanine, three additional floors of 510sqm, 364sqm and 429sqm and a basement of 652sqm. The shop has a large storefront and can accommodate many retail uses.

The immediate area of the property is mainly developed with mixed use buildings, with retail units on the ground floor and offices or apartments on the floors above. Ilia Papakyriakou Avenue is a busy commercial street in Engomi which provides easy access to other areas of Nicosia.

The asset falls within two planning zones:

- Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17/14,3m.

- and Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.

Owner: Mazima Properties Ltd



EPC: Pending Energy Certificate

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

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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
€7,118 ($7,413)
If buying on joint names
€7,118 ($7,413)
Transfer fees
If buying as an individual
€140,800 ($146,636)
If buying on joint names
€137,400 ($143,095)

Disclaimer - Property reference 830002. 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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