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Residential Development for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Residential Development for sale in Nicosia Municipality, Nicosia 364 Nicosia Municipality
Offers in the region of
600000 €600,000 ($626,283)
Residential Development
Nicosia Municipality, Nicosia
Offers in the region of
€600,000  ($626,283)
Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $21,920

Average Bank Rate (€600,000)
1 USD = 0.9256 EUR
$648,203

Mid-market rate (€600,000)
1 USD = 0.9580 EUR
$626,283

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: 823581
  • Total covered area: 622 sqm
  • Plot: 549 sqm

Description

Incomplete building in Omorfita Quarter in Nicosia Municipality, at a distance of 230 meters (approx.) and 1 km (approx.) north of Pallouriotissa Gymnasium.The property is situated close to all necessary amenities and services. In addition, it enjoys excellent access to the Nicosia city center.The building is incomplete and the remaining construction works include the carpenter works, the installation of hygiene parts, part of the electrical and mechanical works and other minor construction works. The building comprises of a ground floor and 3 upper floors. The property consists of 2 maisonettes and apartments on the upper floors.It is noted that the 1st floor is complete and it is occupied.The area of the internal spaces is 622 sqm (approx.) and the covered verandas 62 sqm (approx.).It is considered as an ideal choice for investment.Note that part of the building approximate 33sqm (roof, staircase) is subjected  to requisition by Cyprus National Guard. 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: Omorfita

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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
€1,108 ($1,156)
If buying on joint names
€1,108 ($1,156)
Transfer fees
If buying as an individual
€20,600 ($21,502)
If buying on joint names
€17,200 ($17,953)

Disclaimer - Property reference 823581. 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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