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Building for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Building for sale in Nicosia Municipality, Nicosia 2013 Nicosia Municipality
7300000 €7,300,000  ($7,815,026)
Building
Nicosia Municipality, Nicosia

€7,300,000  ($7,815,026)

Ktimatagora - Cyprus Property

Ktimatagora - Cyprus Property

Registration Number: 524 License Number: 130/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 $273,526

Average Bank Rate (€7,300,000)
1 USD = 0.9025 EUR
$8,088,552

Mid-market rate (€7,300,000)
1 USD = 0.9341 EUR
$7,815,026

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: 1035767 (RM42142)
  • Total covered area: 3145 sqm
  • Resale built in 1975
  • No VAT
  • Covered parking
  • Private Parking/ Car Port

Description

This asset is a seven-storey commercial building in Trypiotis, Nicosia. The asset is located on the corner of Themistokli Dervi Street and Evagorou Avenue, c. 250m southwest of Eleftheria Square and c. 300m east of the Ministry of Finance. The asset consists of: -A basement of c. 200sqm comprising of 20 parking spaces. -A ground floor shop consisting of c. 490sqm that consist of open plan retail area, open plan office area, offices and sanitary areas and a c. 250sqm mezzanine that consist of an office and sanitary areas. -A mechanical floor of c. 100sqm that consists of a cafeteria, a kitchen, storage area and large uncovered balcony. -Floors 1-5 of c. 367sqm each that consist of offices and sanitary areas. -Floor 6 of c. 270sqm that consists of a reception area, conference room, three offices, covered balconies and sanitary areas. Access to the whole building is provided through elevators and a staircase. The immediate area of the property comprises of commercial developments such as commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Owner: General Insurance Of Cyprus Ltd Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 21/04/2023. All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.

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
€14,508 ($15,531)
If buying on joint names
€14,508 ($15,531)
Transfer fees
If buying as an individual
€288,600 ($308,961)
If buying on joint names
€285,200 ($305,321)

Disclaimer - Property reference 1035767. 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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