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Pay in USD and save up to $44,358For sale a building with an area of 830 m2 on a plot of 594 m2 in the prestigious area of Egkomi, Nicosia, on the border with Agios Dometios. The property consists of 4 floors of 180 m2 each. The property requires renovation and can be transformed into a furnished apartment or a hotel. The building is located in a unique location surrounded by universities and embassies of the USA, Russia and Greece, which makes it ideal for investment in the rental business. There is no tax.The property is registered to the company — it is possible to re-register a legal entity.
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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