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Commercial Development for sale in Latsia, Nicosia

Latsia, Nicosia, Cyprus
Commercial Development for sale in Latsia, Nicosia 934 Latsia
520000 €520,000  ($556,114)
Commercial Development
Latsia, Nicosia

€520,000  ($556,114)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/E

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Compared currency flag Pay in USD and save up to $19,464

Average Bank Rate (€520,000)
1 USD = 0.9034 EUR
$575,578

Mid-market rate (€520,000)
1 USD = 0.9351 EUR
$556,114

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: 1238809 (147520)
  • Total covered area: 445 sqm

Description

Building mixed residential/commercial, with built area of 445 sqrm, area 514 sqrm, in the area of Latsia (Lakkia) within Nicosia district. It is within close proximity to: Saint George Church (Latsia). The Energy Efficiency Class of the building is C. The Building was constructed in 1992. The plot characteristics are: within planning zone Eb3, has a build coefficient of 160.000% with covered coefficient of 50.00%, maximum building permissible height 24.00 meters, and maximum number of floors 6. Τhe plot area is 514 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 377 sqrm. Zone: Commercial and other central services. Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. View of: town. The type of road leading to the property is tarmac secondary road. The investment is € 1,169 per covered square meter. If you also take into account that you also get a plot 514 sqrm then you can better understand the value. It appears that there is 46% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 377 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. Ανακαινισμενο κτιριο που αποτελειται απο δυο ευρυχωρα διαμερισματα τριων υπνοδωματιων, ενα ισογειο και εναν οροφο. Το ακινητο εχει συμφωνητικο διανομης και αφορα το μεριδιο 46% της γης, 514 τ.μ. απο 1.114 τ.μ. συνολικα. Και τα δυο ακινητα αποτελουνται απο κουζινα, σαλονι, τραπεζαρια, τρια υπνοδωματια και δυο μπανια με τουαλετες.

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
€948 ($1,013)
If buying on joint names
€948 ($1,013)
Transfer fees
If buying as an individual
€17,400 ($18,608)
If buying on joint names
€14,000 ($14,972)

Disclaimer - Property reference 1238809. 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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