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Commercial Building
Nicosia Municipality, Nicosia

€3,500,000  ($4,063,733)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/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 $142,231

Average Bank Rate (€3,500,000)
1 USD = 0.8322 EUR
$4,205,964

Mid-market rate (€3,500,000)
1 USD = 0.8613 EUR
$4,063,733

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: 1061872 (141311)
  • Total covered area: 2015 sqm

Description

Building title whole share residential apartments, with built area of 2,015 sqrm, area 880 sqrm, in the area of Nicosia (center), Lefkosia within Nicosia district. It is within close proximity to: Skinny Fox, Wagamamas (Themistokli Dervi), Skinny Fox, Wagamamas (Themistokli Dervi), Themistokli Dervi and Themistokli Dervi. The building uses Central/VR aiconditioners. The Energy Efficiency Class of the building is D. The Building was constructed in 1981. The building is large size and is comprised of 26 units. The plot characteristics are: within planning zone PEZ, has a build coefficient of 250.000% with covered coefficient of 70.00%, and maximum number of floors 4. Other characteristics of Building: electricity, telephone, water connection, connected to sewage system. Τhe plot area is 880 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 185 sqrm. Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center. The type of road leading to the property is tarmac secondary road. There is road frontage of 60 meters. The investment is € 1,737 per covered square meter. It appears that there is 8% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 185 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. This Building has a Title Whole Share and so the new owner can utilise it as he pleases.

For privacy reasons, the advertiser has not indicated the exact address.
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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
€136,600 ($158,602)
If buying on joint names
€133,200 ($154,654)

Disclaimer - Property reference 1061872. 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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