Skip to main content

Apartment Building for sale in Latsia, Nicosia

Latsia, Nicosia, Cyprus
Apartment Building for sale in Latsia, Nicosia 920 Latsia
875000 €875,000  ($938,401)
Apartment Building
Latsia, Nicosia

€875,000  ($938,401)

Arazo Real Estate

Arazo Real Estate

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

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $32,844

Average Bank Rate (€875,000)
1 USD = 0.9009 EUR
$971,245

Mid-market rate (€875,000)
1 USD = 0.9324 EUR
$938,401

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: 1210774 (8276)

Description

An excellent investment opportunity in seven apartments, out of totally nine apartments, situated on a two-storey building in Latsia, Nicosia. The asset is located approx. 450m from the motorway and approx. 2km from Latsia community centre.

The apartments are currently under rental agreement with a 5.5% rental return.

Three of the apartments on the 1st and 2nd floor are 2 bedroom apartments and consist of an open plan sitting, dining and kitchen area, two bedrooms of which the master bedroom includes a toilet and a main bathroom.

Three of the apartments on the 1st and 2nd floor are 1 bedroom apartments and consist of an open plan sitting, dining and kitchen area, one bedroom and one bathroom.

One apartment on the third floor is a 3 bedroom apartment and consists of an open plan sitting, dining and kitchen area, three bedrooms of which the master bedroom is en-suite, and a main bathroom.

Externally, all the apartments have covered verandas and exclusive right of use of a designated covered parking spot on the ground floor.

The properties fall within Zone Κα5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.

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
€1,658 ($1,778)
If buying on joint names
€1,658 ($1,778)
Transfer fees
If buying as an individual
€31,600 ($33,890)
If buying on joint names
€28,200 ($30,243)

Disclaimer - Property reference 1210774. 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.

We SOLD 1008 properties in Latsia and nearby areas! We know our local area and we can sell your property in record time and for the best price.