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Pay in USD and save up to $80,810Located in one of the most important and prestigious Avenues in Nicosia. Currently under complete reconstruction and creation of extra parking areas and green areas and therefore will be highly upgraded.A high-profile commercial building situated in a unique plot.• Consists of 1397sq.m. internal area which is divided into a basement for underground parking, ground floor for parking, 4 shops on the ground floor, and three floors of office area.• There are 7 separate title deeds (3 floors + 4 shops) so the owner can sell each floor and each shop to a different buyer.• Single-tenant of the three floors and the two shops (University of Cyprus).• There has been an increase in building coefficient so that an additional floor can be constructed.
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.
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