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Residential Development for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Residential Development for sale in Nicosia Municipality, Nicosia 362 Nicosia Municipality
Offers in the region of
420000 €420,000 ($435,078)
Residential Development
Nicosia Municipality, Nicosia
Offers in the region of
€420,000  ($435,078)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $15,228

Average Bank Rate (€420,000)
1 USD = 0.9327 EUR

Mid-market rate (€420,000)
1 USD = 0.9653 EUR

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: 823567
  • Total covered area: 615 sqm
  • Plot: 762 sqm
  • Resale built in 1991


Three-storey residential building in Kaimakli Quarter in Nicosia Municipality. It is located on Voufavento street, at a distance of 150 meters north of Agiou Ilarionos avenue and 400 meters northeast of Agias Varvaras church.The property is situated close to an abundance of amenities and services such as cafes, shops, restaurants, schools etc. In addition, it has very good access to the Nicosia city center.The building consists of a ground floor, first floor and second floor. The ground floor and part of the first floor comprise a two-storey house. In addition, the rest of the first floor comprises of two studio apartments and a one bedroom apartment. The level of construction and maintenance of the ground floor and first floor is good.The second floor is incomplete. The cοmpleted construction works included the construction of columns and beams. According to the architectural plans the second floor will consists of two studio apartment and two one-bedroom apartments.  The area of the internal spaces of the ground floor and the first floor is 409 sqm (approx.), the second floor 206 sqm (approx.) and the plot 762 sqm.The fact that the second floor is incomplete offers the opportunity to the potential buyers to choose finishes of their choice.The two-storey house is rented. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Nicosia Municipality: Nicosia Municipality Quarter: Kaimakli

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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
€748 ($774)
If buying on joint names
€748 ($774)
Transfer fees
If buying as an individual
€13,400 ($13,881)
If buying on joint names
€10,000 ($10,359)

Disclaimer - Property reference 823567. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars.

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