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Commercial Building
Kaimakli, Nicosia

€1,185,000  ($1,376,283)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/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 $48,170

Average Bank Rate (€1,185,000)
1 USD = 0.8319 EUR
$1,424,453

Mid-market rate (€1,185,000)
1 USD = 0.8610 EUR
$1,376,283

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: 8542994 (4017)
  • Plot: 1004 sqm

Description

Located in the area of Kaimakli, Nicosia this six storey building offers a strong investment opportunity in a well established area with high residential demand and easy access to amenities.

Construction began in 2012 but remains incomplete, providing flexibility for a new owner to finish the project according to their needs.

The building is designed to include a basement, a ground floor shop with mezzanine, and residential units across the upper floors. In total, it comprises 20 flats: eight two-bedroom, eight one-bedroom, and four three-bedroom units. The basement is planned for parking, storage, and service areas.

The shop has an area of approximately 251 sqm plus a 129 sqm mezzanine, while the residential floors cover around 1,410 sqm with an additional 389 sqm of covered verandas. The total plot size is 1,004 sqm.

An excellent opportunity for development in a central location of Nicosia.

Connect with Monday Square today and find a better opportunity for your next venture!

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
€44,000 ($51,102)
If buying on joint names
€40,600 ($47,154)

Disclaimer - Property reference 8542994. 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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