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Mixed Use Project
Nicosia Municipality, Nicosia

€4,000,000  ($4,617,013)

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 $161,595

Average Bank Rate (€4,000,000)
1 USD = 0.8371 EUR
$4,778,608

Mid-market rate (€4,000,000)
1 USD = 0.8664 EUR
$4,617,013

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: 864217 (7946)
  • Plot: 1501 sqm

Description

The property is a mixed-use building known as "Silvex House" in Agioi Omologites. It is located on Griva Digeni Avenue in the city center. The building consists of two levels of basement, 5 offices and a shop on the ground floor, and offices on the remaining six floors. It has a covered area of 2,130sqm.

Part of the building is tenanted: Ground floor corner retail unit and office no. 5, in addition to the 2nd, 3rd and 4th floors.
Part of the building is vacant: Ground floor offices no. 2 and 3, and the 5th and 6th floors.
Part of the building is not owned by Anoreve Limited (Gordian SPV): Ground floor offices no. 1 and 6, in addition to the 1st floor.

The property holds a premium location with high visibility, in Nicosia Business Centre. It offers excellent proximity to all amenities, public services, bars and restaurants. It is a great investment opportunity for high rental income at the centre of the capital.

Energy Performance Certificate for 5th floor: Energy Class C
Energy Performance Certificate for 6th floor: Energy Class G

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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
€156,600 ($180,756)
If buying on joint names
€153,200 ($176,832)

Disclaimer - Property reference 864217. 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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