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Building
Kaimakli, Nicosia

€8,500,000  ($9,793,315)

Blue Sky Houses

Blue Sky Houses

License Number: 819 Registration Number: 355/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $342,766

Average Bank Rate (€8,500,000)
1 USD = 0.8386 EUR
$10,136,081

Mid-market rate (€8,500,000)
1 USD = 0.8679 EUR
$9,793,315

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: 7739739 (8850)
  • Total covered area: 3400 sqm
  • Air Conditioning
  • Central Heating
  • Elevator
  • Private Parking (covered)
  • Storage room
  • Airport: 30 min drive
  • Beach: 30 min Drive
  • Golf: 30 min Drive
  • Town: 5 min drive
  • Town: Walking distance
  • Title deeds Available

Description

The properties for sale are a commercial building and an empty building plot, located in a unique and central location in Trypiotis Quarter in Nicosia Municipality. In the surrounding area there is a plethora of amenities and services such as banks, restaurants, cafes, shops and residential and commercial buildings. It is a six storey building which was constructed 30 years ago (approx.). The empty building plot is used as a parking space. The building has an enclosed area of 3,400sqm and is consisted of 14 shops in the ground floor and 12 offices on the 6 above floors. Part of the shops and offices are currently rented. The plot with plot number 1042, abuts on Zinas Canther street, with 23m of frontage, while the plot with plot number 1035 abuts on Makariou Avenue, with frontage of 21m. The property lies within the ΠΕΖ planning zone, with Building density of 250%. The property has the potential for further development. More importantly, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.

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
€336,600 ($387,815)
If buying on joint names
€333,200 ($383,898)

Disclaimer - Property reference 7739739. 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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