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Commercial Building for sale in Egkomi, Nicosia

Egkomi, Nicosia, Cyprus
Commercial Building for sale in Egkomi, Nicosia 762 Egkomi
3500000 €3,500,000  ($3,747,380)
Commercial Building
Egkomi, Nicosia

€3,500,000  ($3,747,380)

Arazo Real Estate

Arazo Real Estate

Reg.No: 851 / Licensed No: 434/E

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Compared currency flag Pay in USD and save up to $131,158

Average Bank Rate (€3,500,000)
1 USD = 0.9024 EUR
$3,878,538

Mid-market rate (€3,500,000)
1 USD = 0.9340 EUR
$3,747,380

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: 958213 (6289)

Description

Twelve office units with a total area of 2.210 sqm located in Philiki Insurance Building, a 27-year old commercial building located in a prime location in Strovolos, Nicosia. It is adjacent to Vyzantiou Street on its western boundary 450 m south-east of the Metochi tou Kykkou and north-west of the Presidential House.

Along Vyzantiou Street there is a mix of commercial and residential properties with showrooms, shops, offices, apartments and houses. In the nearby area many residential properties can be observed. Due to its location, it offers excellent accessibility to Nicosia city centre and the surrounding areas.

The property consists of 12 offices, which are all connected and which form one unified property. Currently there are two offices on the ground floor, five on the first floor and five on the second floor.

The ground floor comprises an open plan area, a conference room, 3 office rooms, a storeroom and bathrooms with of total area of 204 sqm.

The mezzanine comprises 2 open plan areas, 2 office rooms, a conference room, a storeroom and bathrooms with a total area of 105 sqm.

The 1st floor comprises 5 offices, a small kitchen, a computer room, a photocopy room and bathrooms with a total area of 790 sqm.

The 2nd floor comprises 5 offices, a small kitchen, 2 store rooms, a photocopy room and bathrooms with a total area of 790 sqm.

The property has also a basement with a total area of 321 sqm, which comprises a single storeroom/archive room, an extra auxiliary area, an office, storerooms, a cafeteria, a seminar room, bathrooms and other auxiliary areas.

It offers 27 parking places in the basement area.

The asset is partially occupied..

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
€6,908 ($7,396)
If buying on joint names
€6,908 ($7,396)
Transfer fees
If buying as an individual
€136,600 ($146,255)
If buying on joint names
€133,200 ($142,615)

Disclaimer - Property reference 958213. 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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