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Arazo Real Estate
Mixed Use Project
Strovolos, Nicosia

€405,000  ($470,232)

BuySell's Choice
One of BuySell Cyprus Real Estate favourite property
Arazo Real Estate

Arazo Real Estate

Reg.No: 851 / Licensed No: 434/E

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Compared currency flag Pay in USD and save up to $16,458

Average Bank Rate (€405,000)
1 USD = 0.8322 EUR
$486,690

Mid-market rate (€405,000)
1 USD = 0.8613 EUR
$470,232

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: 8710998 (12859)
  • Plot: 477 sqm

Description

The property is a mixed-use building in Strovolos. It is located in Chryseleousa Quarter, on Strovolou avenue, 50m from Agia Marina primary school and 150m from Pericleous avenue.

The property has a land area of 477sqm, 29m of road frontage and a covered area of 496sqm. The building consists of a basement, 2 shops on the ground floor and 2 apartments on the first floor.

The two shops on the ground floor have 120sqm each. The two apartment on the 1st floor have internal area of 128sqm each. There is also a basement with a covered area of 130sqm. The shops and the flats are vacant.

The property offers close proximity to all amenities and easy access to the center of Nicosia.

The plot can be developed into a commercial building with basement, ground floor and five floors. The building can include an underground parking area, a ground floor with additional parking spaces and an entrance lobby, as well as five floors with a net area of approx. 128 sqm each, plus common areas.

Parking spaces:
6 on the ground floor
6 on the basement

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
€12,800 ($14,862)
If buying on joint names
€9,400 ($10,914)

Disclaimer - Property reference 8710998. 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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