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Building
Kaimakli, Nicosia

€150,000  ($173,049)

Premier Property Investments

Premier Property Investments

License No. 445/E

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Average Bank Rate (€150,000)
1 USD = 0.8375 EUR
$179,106

Mid-market rate (€150,000)
1 USD = 0.8668 EUR
$173,049

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: 8791919 (7442)
  • Total covered area: 152 sqm

Description

Βuilding (mixed-use), which concerns the ¼ share, which corresponds to a shop and an apartment in the Kaimakli parish of the Municipality of Nicosia, in the District of Nicosia. It is located approximately 400 meters northwest of the “Bata” roundabout and 810 meters northeast of the Kaimakli 1st Elementary School.The ¼ share for sale corresponds to the eastern shop on the ground floor and apartment no.202 on the 2nd floor.The building was constructed around 1985. The eastern shop on the ground floor is currently used as an apartment and consists of an open plan kitchen-living- room and bedroom area and a bathroom with a shower. The apartment consists of an open-plan living room, entryway, and sitting area, a kitchen with a small dining area, a guest bathroom, a bathroom with a shower, and three bedrooms. Externally it consists of covered verandas.The area of the covered areas of the shop on the ground floor is 35 sq. m. (approx.) and the covered areas of the apartment on the 2nd floor amount to approximately 117 sq. m., the covered verandas to 10 sq. m. (approx.).It is noted that the property apartment door no. 202 is in process of acquiring a Consensual Court Order for vacant possession (freehold). Additionally, it is expected to be vacated (freehold) at 30/06/2026 and, in the meantime, there won't be any rent.There is a distribution agreement, and the share corresponds to the eastern shop on the ground floor shown with red color and with the letter “Δ” and to the apartment no. 202 on the 2nd floor which shown with the number “5” on the Distribution Agreement drawing.

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
€2,900 ($3,346)
If buying on joint names
€2,250 ($2,596)

Disclaimer - Property reference 8791919. 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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