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Office for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Office for sale in Nicosia Walled Old City, Nicosia 183 Nicosia Walled Old City
550000 €550,000  ($592,258)
Office
Nicosia Walled Old City, Nicosia

€550,000  ($592,258)

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 $20,729

Average Bank Rate (€550,000)
1 USD = 0.8972 EUR
$612,987

Mid-market rate (€550,000)
1 USD = 0.9286 EUR
$592,258

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: 1151211 (4142)

Description

This modern styled 172 sqm office is located on the third floor of a Nine-storey building. The office consists of a reception, open plan offices, a meeting room, two separate offices, a manager’s office, one toilet, a kitchen and a server room. The office has raised floors with embedded cabling, floors of synthetic parquet and double glazed windows in aluminium frames. The internal partitions are made of glass for increased natural lighting. The office is offered with 4 privately owned and dedicated parking spaces on the underground level, as well as two storage units with areas of 8 sqm and 5 sqm, also on the underground level.
 
The office is cur ly ed until September 2023, with a planned al increase in September of 2022. The al yield on the existing is 5.2%, and the office is registered under an SPV which can be transferred to the buyer without the need to pay any transfer fees, making this a unique opportunity for investment.
 
The office is located in a landmark high quality office building called Nikis Center, on the corner of 2 main commercial streets, namely Nikis Avenue and Kyriakou Matsi Avenue, in the heart of the business centre of Nicosia. On the ground floor you can find a multitude of commercial stores while the floors above are office units.
This 9 floor building  has access from three streets and is visible from a distance due to its height.

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
€1,008 ($1,085)
If buying on joint names
€1,008 ($1,085)
Transfer fees
If buying as an individual
€18,600 ($20,029)
If buying on joint names
€15,200 ($16,368)

Disclaimer - Property reference 1151211. 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.