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Commercial Development for sale in Ilioupoli, Nicosia

Ilioupoli, Nicosia, Cyprus
Commercial Development for sale in Ilioupoli, Nicosia 18 Ilioupoli
Offers in the region of
350000 €350,000 ($381,779)
Commercial Development
Ilioupoli, Nicosia
Offers in the region of
€350,000  ($381,779)
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 $13,362

Average Bank Rate (€350,000)
1 USD = 0.8858 EUR

Mid-market rate (€350,000)
1 USD = 0.9168 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: 957157
  • Total covered area: 480 sqm
  • Plot: 593 sqm


Two-storey incomplete block of flats in a quiet location in Konstantinou & Elenis Quarter in Dali Municipality, at a distance of 580 meters (approx.) south of “Karolina Park” and 530 meters (approx.) east of “Carlsberg” brewery.It is ideally situated close to all necessary amenities and services. In addition, it enjoys excellent access to the city of Nicosia and the neighboring communities.The building remains incomplete and the construction works are about 40% complete. It consists of a basement, ground floor and one upper floor. The construction stage that the flats are, is allowing the buyers to choose the finishes of their choice.The basement consists of  parking spaces and storages. Each of the above floors consists of a three-bedroom apartment and a two-bedroom apartment.The total area of the building is 480 sqm (approx.), the covered verandas 68 sqm (approx.), the uncovered verandas 23 sqm (approx.) and the basement 175 sqm (approx.).Advantage of the property is the fact that is adjacent to a green area on its eastern boundary.The property is considered as an appealing investment opportunity. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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: Dali Quarter: Agioi Konstantinou & Elenis

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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
€608 ($663)
If buying on joint names
€608 ($663)
Transfer fees
If buying as an individual
€10,600 ($11,562)
If buying on joint names
€7,200 ($7,854)

Disclaimer - Property reference 957157. 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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