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Shop for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Shop for sale in Nicosia Municipality, Nicosia 362 Nicosia Municipality
Offers in the region of
3350000 €3,350,000 ($3,470,266)
Shop
Nicosia Municipality, Nicosia
Offers in the region of
€3,350,000  ($3,470,266)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
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Average Bank Rate (€3,350,000)
1 USD = 0.9327 EUR
$3,591,725

Mid-market rate (€3,350,000)
1 USD = 0.9653 EUR
$3,470,266

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: 830081

Description

A three storey building formerly occupied by a supermarket, which has been erected on three adjacent plots. The property is located in Kaimakli in Nicosia and is adjacent to Keryneias Street on its western boundary and to Lapithou Street on its western. It is at a distance of a kilometre south of the roundabout known as ‘BATA’ and just few meters west of the SOPAZ facilities.

The supermarket, on the ground floor, is of total area of 2.115 sqm and consists of a main store with cashier points, a fruit market, a bakery, a meat/fish market and refrigerators. The mezzanine has a total area of 900 sqm and comprises of office rooms, kitchen and toilets.

There is also a basement with a total area of 1.575 sqm which is used as parking place.

It is noted that the building has been erected on the on two of the plots, whereas the third plot is used as a parking.
The property falls within the following two Planning Zones: 

Industrial zone Βα1/ΒΕ1 with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 4 floors.  
Special Area zone ΕΠ6 with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 2 floors.

The local area around the property is highly developed with residential and commercial units such as offices, showrooms, apartments and houses. The asset enjoys good accessibility to the Nicosia city centre and the surrounding areas.

Total Land Area: 6.159 sqm.

Owner: Kerland Properties Ltd

, 5/1055, 5/3044

EPC: Pending Energy Certificate

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

A three storey building formerly occupied by a supermarket, which has been erected on three adjacent plots. The property is located in Kaimakli in Nicosia and is adjacent to Keryneias Street on its western boundary and to Lapithou Street on its western. It is at a distance of a kilometre south of the roundabout known as ‘BATA’ and just few meters west of the SOPAZ facilities.

The supermarket, on the ground floor, is of total area of 2.115 sqm and consists of a main store with cashier points, a fruit market, a bakery, a meat/fish market and refrigerators. The mezzanine has a total area of 900 sqm and comprises of office rooms, kitchen and toilets.

There is also a basement with a total area of 1.575 sqm which is used as parking place.

It is noted that the building has been erected on the on two of the plots, whereas the third plot is used as a parking.
The property falls within the following two Planning Zones: 

Industrial zone Βα1/ΒΕ1 with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 4 floors.  
Special Area zone ΕΠ6 with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 2 floors.

The local area around the property is highly developed with residential and commercial units such as offices, showrooms, apartments and houses. The asset enjoys good accessibility to the Nicosia city centre and the surrounding areas.

Total Land Area: 6.159 sqm.

Owner: Kerland Properties Ltd

, 5/1055, 5/3044

EPC: Pending Energy Certificate

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Open map  

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
€6,608 ($6,845)
If buying on joint names
€6,608 ($6,845)
Transfer fees
If buying as an individual
€130,600 ($135,289)
If buying on joint names
€127,200 ($131,766)

Disclaimer - Property reference 830081. 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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