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Apartment Building
Nicosia Municipality, Nicosia

€600,000  ($684,288)

FIRST CLASS HOMES

FIRST CLASS HOMES

Reg. No: 1256 | Lic. No: 258/E

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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 $23,950

Average Bank Rate (€600,000)
1 USD = 0.8472 EUR
$708,238

Mid-market rate (€600,000)
1 USD = 0.8768 EUR
$684,288

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: 8870217 (64000)
  • Plot: 576 sqm
  • Heating
  • Garden
  • Air Condition

Description

High yield investment opportunity in a whole building of 2 houses, on ground floor and upper floor. Also, there huge potential, which can built more floors in most popular area of Nicosia in Engomi.The two-storey building offers it can offer more than 5% yield and consists of two(2) houses, on ground floor and upper-floor.Ground floor house consist of 2 bedrooms, 1 bath, 1 toilet, living room, dining area, kitchen with living room and terrace.Upper floor house comprising of 3 bedrooms, one of them en-suite and walk in room, main bathroom, spacious open plan area with a living room and a kitchen which separated with an island and joined to 2 covered verandas, main to living room and smaller to kitchenAdditionally, the property offers an extra built density which is not built yet and can be another 2 floors.The asset is located within walking distance to all amenities and services, walking distance from European university.576sqm PLOT BD 140%BC 50%UP TO 4 FLOORSΚΓ3 PLANNING ZONE GROUND FLOOR: 165sqm internal area with 29sqm covered veranda and 12sqm uncovered verandaBuilt in 1964 Parking Space A/C Split Unit for Cooling and Heating Solar WaterFurnished UPPER FLOOR:175sqm internal area with 20sqm covered veranda Built in 1970Fully Renovated in 2009Office Parking Space A/C Split Unit for Cooling and Heating Solar WaterFurnished   

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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
€20,600 ($23,494)
If buying on joint names
€17,200 ($19,616)

Disclaimer - Property reference 8870217. 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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