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Commercial Building
Kokkinotrimithia, Nicosia

€350,000  ($404,724)

Cyprus Properties

Cyprus Properties

Reg.num: 841 / Lic.num: 387/E

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In high demand!
Compared currency flag Pay in USD and save up to $14,165

Average Bank Rate (€350,000)
1 USD = 0.8355 EUR
$418,889

Mid-market rate (€350,000)
1 USD = 0.8648 EUR
$404,724

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: 8804221 (41948)
  • Plot: 850 sqm

Description

A single storey building with three shops, in Kokkinotrimithia in Nicosia District. It is located approximately 880 meters southeast of the community center. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. A single storey building with three shops, in Kokkinotrimithia in Nicosia District. It is located approximately 880 meters southeast of the community center. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. The plot is corner, has a regular shape, a flat surface, northeast and south orientation, with a total frontage of approximately 70 meters along Archiepiskopou Kyprianou Street and Grigoris Afxentiou Avenue. The building was constructed around 1996. It consists of three shops. Shop (South): Consists of a open space, kitchen and two toilets. Shop (Middle): Consists of an open space, storage and a toilets.  Shop (North): Consists of a open space, kitchen and toilets. The total area of the covered spaces is 393 sq.m. (approx.) and covered verandas of approx. 24 sq.m. (appox.).  The shop is rented for €1.800/month. According to the asking price the property has a yield of 6.1%.

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
€10,600 ($12,257)
If buying on joint names
€7,200 ($8,326)

Disclaimer - Property reference 8804221. 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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