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3 Bedroom Detached house
Kaimakli, Nicosia
Offers in the region of

€140,000  ($159,272)

Bank Owned Property

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Compared currency flag Pay in USD and save up to $5,575

Average Bank Rate (€140,000)
1 USD = 0.8493 EUR
$164,846

Mid-market rate (€140,000)
1 USD = 0.8790 EUR
$159,272

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: 8903165 (altia2939)
  • Bedrooms: 3
  • Total covered area: 130 sqm
  • Plot: 298 sqm

Description

An income-generating, three-bedroom semi-detached house located in the quiet residential area of Kaimakli, Nicosia.

Property Highlights:
\u2022 Plot Area: 298sq.m.
\u2022 Internal Area: 89sq.m.
\u2022 Covered Veranda: 41sq.m.
\u2022 Ancillary Building: 57sq.m.
\u2022 Parking: Covered parking for one car
\u2022 Status: Rented

Rental Income Details:
\u2022 Monthly Income: \u20ac600
\u2022 Annual Return: 5.1% ROI (with 5% increase every 2 years)

Internal Layout:
Comprises an open-plan living and dining area, a kitchen with a dining area, three bedrooms, and a toilet with bathroom.

Exterior:
The property benefits from a landscaped yard, a covered veranda with a wooden pergola, a small private yard, and an auxiliary storage room.

Location:
\u2022 Approximately 400m northwest of the Church of Agios Polyvios
\u2022 Approximately 500m north of the 3rd Primary School of Kaimakli
\u2022 Approximately 50m south of the Kaimakli Railway Station Linear Park

There is a separate title deed for this property.

Pending issuance of Energy Performance Certificate.","locale":"en"}],"disclaimer":[{"value":["The property is owned by Themis Portfolio Management Holdings Limited.","The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).","The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.","Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.

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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
€2,650 ($3,015)
If buying on joint names
€2,100 ($2,389)

Disclaimer - Property reference 8903165. 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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