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Mixed Use Project for sale in Lakatamia, Nicosia

Lakatamia, Nicosia, Cyprus
Mixed Use Project for sale in Lakatamia, Nicosia 1441 Lakatamia
Mixed Use Project
Lakatamia, Nicosia
OFF THE MARKET
Arazo Real Estate

Arazo Real Estate

Reg.No: 851 / Licensed No: 434/E

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In high demand!
Compared currency flag Pay in USD and save up to $19,087

Average Bank Rate (€510,000)
1 USD = 0.9036 EUR
$564,419

Mid-market rate (€510,000)
1 USD = 0.9352 EUR
$545,332

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: 965223 (5884)

Description

Two-storey mix use building in Agios Mamas Quarter in Lakatameia Municipality. It is situated on Pediaiou Avenue and Akadimias street corner, at a distance of 700 meters (approx.) west of “METRO” round about.

It is located close to a plethora of amenities and services such as shops, supermarkets, restaurants etc. In addition, it enjoys good access to the neighboring communities and municipalities, the town of Nicosia and the motorway.

The building consists of two shops on the ground floor and one upper floor house and a basement. It is noted that the ground was constructed around the year 1990 and the upper floor was constructed around the year 1996.

The shop is operated as a supermarket while a small part on the eastern side it is operates as a separate retail shop. Total shop area on the ground floor is approximate 300sqm. The basement is split into two area and it is used as a storage.

The upper floor house has total area of 170sqm and consists of an open plan area sitting / dinning area, kitchen, main bathroom and 3 bedrooms.

It is noted that part of the basement and the supermarket is rented for €1700/ month while part of basement, the small shop and the upper floor house are vacant.

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€928 ($992)
If buying on joint names
€928 ($992)
Transfer fees
If buying as an individual
€17,000 ($18,178)
If buying on joint names
€13,600 ($14,542)

Disclaimer - Property reference 965223. 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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