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Building for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Building for sale in Nicosia Walled Old City, Nicosia 174 Nicosia Walled Old City
Offers in the region of
716000 €716,000  ($773,024)
Building
Nicosia Walled Old City, Nicosia
Offers in the region of

€716,000  ($773,024)

SOLD
Bank Owned Property

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In high demand!
Compared currency flag Pay in USD and save up to $27,056

Average Bank Rate (€716,000)
1 USD = 0.8949 EUR
$800,079

Mid-market rate (€716,000)
1 USD = 0.9262 EUR
$773,024

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: 830455 (27355)

Description

This asset is commercial building c. 55m west of Ledras street in Nicosia and c. 300 m north of Eleftherias square in the within the walls Nicosia.

The asset has a total area of c. 1080sqm and comprises of the ground floor, basement and first floor of c. 290sqm each and the second floor of c. 210sqm. All levels have an open plan layout. The asset enjoys a road frontage along Ploutarchou and Pericleous Streets.

The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia. Ledras Street is one of the main commercial streets of Nicosia with numerous restaurants and shops, which attract a high amount of traffic from both tourists and locals.

The asset falls within two planning zones:

-Commercial zone ΕΖ-Εντος with building density coefficient of 160%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m.

-Residential zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.



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.

This asset is commercial building c. 55m west of Ledras street in Nicosia and c. 300 m north of Eleftherias square in the within the walls Nicosia.

The asset has a total area of c. 1080sqm and comprises of the ground floor, basement and first floor of c. 290sqm each and the second floor of c. 210sqm. All levels have an open plan layout. The asset enjoys a road frontage along Ploutarchou and Pericleous Streets.

The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia. Ledras Street is one of the main commercial streets of Nicosia with numerous restaurants and shops, which attract a high amount of traffic from both tourists and locals.

The asset falls within two planning zones:

-Commercial zone ΕΖ-Εντος with building density coefficient of 160%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m.

-Residential zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.



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
€1,340 ($1,446)
If buying on joint names
€1,340 ($1,446)
Transfer fees
If buying as an individual
€25,240 ($27,250)
If buying on joint names
€21,840 ($23,579)

Disclaimer - Property reference 830455. 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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