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Makedonitissa, Nicosia
Offers in the region of

€584,000  ($678,269)

Bank Owned Property

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $23,739

Average Bank Rate (€584,000)
1 USD = 0.8319 EUR
$702,009

Mid-market rate (€584,000)
1 USD = 0.8610 EUR
$678,269

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: 1216640 (altia1778)
  • Total covered area: 360 sqm
  • Plot: 1162 sqm

Description

The property refers to the shop (no.1) located on 2nd floor of a two-storey building.
The asset was used in the past as live music stage and comprises of an open space with two bars ( 360 sq.m), mezzanine ( 153 sq.m) and dressing rooms with toilets.
Furthermore the property offers a storage room of 20 sq.m (no.3) situated on the second floor and 109 sq.m of uncovered veranda.

The asset is located approx. 550m from the motorway and 200m north of \"Mall of Egkomi\".

The property falls within Zone \u0395\u03b24, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.

Energy Category: D

Property is occupied.","locale":"en"}],"disclaimer":[{"value":["The property is owned by Eurobank Limited.","The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).","The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.","Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.

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Buying expenses

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.

Transfer fees
If buying as an individual
€19,960 ($23,182)
If buying on joint names
€16,560 ($19,233)

Disclaimer - Property reference 1216640. 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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