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Building
Nicosia Municipality, Nicosia
Offers in the region of

€4,250,000  ($4,915,898)

SOLD
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/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 $172,056

Average Bank Rate (€4,250,000)
1 USD = 0.8353 EUR
$5,087,954

Mid-market rate (€4,250,000)
1 USD = 0.8645 EUR
$4,915,898

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: 829507 (17066)
  • Plot: 2157 sqm

Description

This asset is a commercial building located in Nicosia’s city center, on the corner of Kritis and Stasandrou Street, c. 300m from Archebishop Makarios Avenue and c. 250m from Digeni Akrita Avenue. The asset consists of: -Retail space: large ground floor showroom, four floors of exhibition areas with a separate staircase (of 872sqm) and a mezzanine (of 241sqm), -Office space: four floors of offices (of 261sqm each), -Basement: two levels with a total 33 parking spaces. The building benefits of additional building density of c. 300 sqm. The immediate area of the asset is the commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. The asset falls within planning zone EZ-κ with building density coefficient of 200%, coverage coefficient 60%, in 6 floors and a maximum height of 24m. Owner: Kermia Property Investments Ltd The asset is partially ocupied. Reg. No.: 0/11400, 0/11401, 0/11402, 0/11403, 0/11404

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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
€166,600 ($192,703)
If buying on joint names
€163,200 ($188,770)

Disclaimer - Property reference 829507. 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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