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Building
Nicosia Municipality, Nicosia

€385,000  ($447,220)

Mesitis Real Estate

Mesitis Real Estate

REGISTERED & LICENCED REAL ESTATE AGENT Α.Μ. 750, Α.Α. 402/Ε

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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 $15,653

Average Bank Rate (€385,000)
1 USD = 0.8318 EUR
$462,873

Mid-market rate (€385,000)
1 USD = 0.8609 EUR
$447,220

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: 1850723 (45195)
  • Plot: 556 sqm

Description

Excellent opportunity to acquire a fully self-contained apartment building in one of the most central and sought-after locations in Nicosia

The property features multiple units that yield a steady income, making it ideal for investors or Construction Companies wishing to enrich their portfolio.

Property Features:
✔ Central location close to Frederick University, Palouriotissa High School, the city center, shops, public transportation and other amenities
✔ Consists of 4 apartments, two of which are one-bedroom and two of which are two-bedroom, which are currently rented and offer a steady return
✔ Possibility of expansion as the property falls within the Ka3 Building Zone, Building 140%, Coverage 50%, 4 floors of 17m high.

✨ Excellent location and potential for further development

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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
€12,000 ($13,939)
If buying on joint names
€8,600 ($9,990)

Disclaimer - Property reference 1850723. 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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