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Commercial Building for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Commercial Building for sale in Nicosia Walled Old City, Nicosia 183 Nicosia Walled Old City
3500000 €3,500,000  ($3,768,912)
Commercial Building
Nicosia Walled Old City, Nicosia

€3,500,000  ($3,768,912)

Fox Smart Estate Agency Nicosia

Fox Smart Estate Agency Nicosia

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/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 $131,912

Average Bank Rate (€3,500,000)
1 USD = 0.8972 EUR
$3,900,824

Mid-market rate (€3,500,000)
1 USD = 0.9286 EUR
$3,768,912

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: 1153052 (15551)

Description

Commercial corner building for on a MAGNIFICENT PLOT of 788sq.m with 200% building density, and 10floors allowance.The building is an excellent investment opportunity as it is, since in consists of 9 shops of 400sq.m overall and 6 offices of 1050sq.m overall.It also features 500sq.m of underground and ground-floor parking areas.The market for such a property could go up to 200,000per/year to give a yield of 4,7% with out even taking into consideration that there is potential for further development, due to the high building density.All units are already ed!The fact that building is located right in the heart of Nicosia, on a beneficial corner plot, provides security for any investor. THIS IS THE DEFINITION OF A LOW RISK INVESTMENT.Contact me for more information

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
€6,908 ($7,438)
If buying on joint names
€6,908 ($7,438)
Transfer fees
If buying as an individual
€136,600 ($147,095)
If buying on joint names
€133,200 ($143,434)

Disclaimer - Property reference 1153052. 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.

We SOLD 310 properties in Nicosia Walled Old City and nearby areas! We know our local area and we can sell your property in record time and for the best price.