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Building
Strovolos, Nicosia

€2,200,000  ($2,535,050)

Premier Property Investments

Premier Property Investments

License No. 445/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 $88,727

Average Bank Rate (€2,200,000)
1 USD = 0.8385 EUR
$2,623,777

Mid-market rate (€2,200,000)
1 USD = 0.8678 EUR
$2,535,050

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: 8281651 (7135)
  • Total covered area: 1516 sqm
  • Plot: 496 sqm

Description

A unique investment opportunity in a five-storey building with basement, located in a high demand and low supply areas for commercial and residential properties, in Strovolos Municipality, Chryseleousas quarter, Nicosia District.A unique investment opportunity: A five-storey mixed-use building with a basement, located in a high-demand, low-supply area of Strovolos (Chryseleousa Quarter), Nicosia.This asset offers a versatile layout, currently in an incomplete state (shell & core), providing a developer or owner-occupier the opportunity to customize all internal finishes to their specific requirements.Building Composition:•Ground Floor Shop: Approx. 227 sq.m.•Mezzanine: Approx. 121 sq.m.•Floors 1–3: Office spaces of approximately 179,5 sq.m. per floor.•4th Floor: A spacious apartment/penthouse of approximately 194,5 sq.m.•Basement: 435 sq.m. comprising parking spaces and auxiliary/storage rooms.•Verandas: Approximately 98 sq.m. of covered outdoor space.Strategic Location:The building is situated within walking distance of universities, supermarkets, cafes, and restaurants. It abuts Vyzantiou Street, located approximately 100 m. southeast of Griva Digeni Avenue and 200 m. southwest of the Prodromou and Vyzantiou intersection. This prime location ensures excellent visibility and accessibility.The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.

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
€84,600 ($97,484)
If buying on joint names
€81,200 ($93,566)

Disclaimer - Property reference 8281651. 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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