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Pano Lakatamia, Nicosia

€395,000  ($451,554)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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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 $15,804

Average Bank Rate (€395,000)
1 USD = 0.8452 EUR
$467,358

Mid-market rate (€395,000)
1 USD = 0.8748 EUR
$451,554

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: 1795306 (53319)

Description

Ideally located in the vibrant Agios Nikolaos Quarter of Lakatameia, just 70 meters from the landmark Agiou Nikolaou church, this spacious commercial property offers a compelling opportunity for investors. With seamless access to the Nicosia motorway, city center, and a rich network of amenities, this asset promises both visibility and convenience. The ground-floor shop, covering approximately 207 sq.m., is currently rented and features an open-plan layout with plasterboard partitions, a WC, and a kitchenette—perfect for a range of business uses. The 154 sq.m. mezzanine level adds further value, comprising two office areas, single rooms, a kitchen, and WC, all designed for functional workspaces. With a total monthly rental income of €1,561 and a distribution agreement that clearly defines ownership (229/542 shares), this property is a stable, income-generating asset in a prime location. Whether for long-term leasing or future business use, it’s an ideal investment in a growing urban hub.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€12,400 ($14,175)
If buying on joint names
€9,000 ($10,289)

Disclaimer - Property reference 1795306. 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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