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Commercial Building
Parissinos, Nicosia
Offers in the region of

€1,750,000  ($1,993,098)

SOLD
Bank Owned Property

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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 $69,758

Average Bank Rate (€1,750,000)
1 USD = 0.8483 EUR
$2,062,857

Mid-market rate (€1,750,000)
1 USD = 0.8780 EUR
$1,993,098

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: 839756 (6677)

Description

The asset is a commercial mixed-use building in Egkomi. It is adjacent to Agamemnonos street, 90m from Griva Digeni Avenue and 170m from Hilton Nicosia hotel. The asset is built within a land area of 642sqm and has a total covered area of 1,732sqm. The building consists of a shop on the ground floor (300sqm), a mezzanine (185sqm), three office floors (300 sqm each) and a basement (470sqm) with parking spaces and storages. The whole building is rented with an attractive yield, with floors 1 to 3 being rented by Government Services. Egkomi is an area that has recorded strong growth in recent years with the development of universities, campuses, hotels, shopping mall, casino, supermarkets, restaurants and cafes. Energy Performance Certificate (EPC) for the shop on the ground floor: Energy Class C Energy Performance Certificate (EPC) for offices: Energy Class D

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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
€66,600 ($75,852)
If buying on joint names
€63,200 ($71,979)

Disclaimer - Property reference 839756. 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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