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Commercial Building for sale in Pano Lakatamia, Nicosia

Pano Lakatamia, Nicosia, Cyprus
Commercial Building for sale in Pano Lakatamia, Nicosia 712 Pano Lakatamia
750000 €750,000  ($802,238)
Commercial Building
Pano Lakatamia, Nicosia

€750,000  ($802,238)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/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 $28,078

Average Bank Rate (€750,000)
1 USD = 0.9033 EUR
$830,316

Mid-market rate (€750,000)
1 USD = 0.9349 EUR
$802,238

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: 1266126 (146218)
  • Total covered area: 650 sqm

Description

Building with title deed, mixed residential/commercial, with built area of 650 sqrm, area 2,420 sqrm, in the area of Lakatameia, Lakatamia within Nicosia district. It is within close proximity to: Lakatameia Swimming Pool. Main features include: Elevator, store room. The Energy Efficiency Class of the building is C. The Building was constructed in 2003. The plot characteristics are: within planning zone Ka 6, has a build coefficient of 90.000% with covered coefficient of 50.00%, maximum building permissible height 10.00 meters, and maximum number of floors 2. Τhe plot area is 2,420 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 1,528 sqrm. Zone: Mainly residential area Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. The type of road leading to the property is tarmac secondary road. The investment is € 1,154 per covered square meter. If you also take into account that you also get a plot 2,420 sqrm then you can better understand the value. It appears that there is 70% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 1,528 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. This Building has title deed ready. Το κτιριο ανεγερθηκε to 2003 περιπου και ειχε εξασφαλισει την απαραιτητη Αδεια Οικοδομης ως νηπιαγωγειο, ενω και το επιπεδο κατασκευης και συντηρησης του ειναι καλο. Το κτιριο αποτελειται απο υπογειο, ισογειο και οροφο. Το εμβαδο του υπογειου σε 800 τ.μ περιπου , της αποθηκης σε 130 τ.μ περιπου . Το κτιριο ενοικιαζεται προς 3300 μηνα και αποδοση 5%. Θεωρειται μια εξαιρετικη επιλογη για επενδυση.

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
€1,408 ($1,506)
If buying on joint names
€1,408 ($1,506)
Transfer fees
If buying as an individual
€26,600 ($28,453)
If buying on joint names
€23,200 ($24,816)

Disclaimer - Property reference 1266126. 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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