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Shop for sale in Strovolos, Nicosia

Strovolos, Nicosia, Cyprus
Shop for sale in Strovolos, Nicosia 404 Strovolos
Offers in the region of
34000000 €34,000,000 ($35,449,864)
Shop
Strovolos, Nicosia
Offers in the region of
€34,000,000  ($35,449,864)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $1,240,745

Average Bank Rate (€34,000,000)
1 USD = 0.9267 EUR
$36,690,609

Mid-market rate (€34,000,000)
1 USD = 0.9591 EUR
$35,449,864

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: 830412

Description

This 3 storey shopping mall has a total area of 59.437 sqm (over basement, ground floor, mezzanine and first floors), located on Spyrou Kyprianou Avenue on the north-western boundary and Ouranon Street along the eastern boundary in Strovolos, Nicosia. The property has been built on 2 plots with registration numbers 0/7910 & 0/7911.

A total of 1.126 parking spaces are provided with 516 parking places in the basement and 610 on the ground floor together with the customer entrance to the shopping mall and 7 retail units. Access to the mezzanine floor is through the supermarket unit and consists of offices, meeting rooms and employee changing rooms. The first floor is split into 2 areas with a large supermarket unit and a shopping centre area comprised of shops & restaurants.

Total Land Area: 43.138 sqm

The property will be sold with a land parcel with reg. no. 8/3326 with total area 160 sqm on the corner of Solomos Solomou and Tasos Isaak street opposite the Mall.

A mix of commercial and residential development can be observed along Spyrou Kyprianou Avenue with many showrooms, shops, offices, apartments and houses.

The wider area near to the property is mainly developed with houses and apartments. It is approximately 200 metres west of the Nicosia–Limassol motorway and 1.3 km northwest of G.S.P. Stadium.

Due to its location and its close proximity to main roads, the property benefits from good accessibility to Nicosia city centre and the surrounding areas.

Owner: Edoric Properties Ltd

, 0/7911, 0/3326

EPC: Pending Energy Certificate

All urban features must be checked with the proper authorities. The Bank has the right to review selling prices without any prior notice.

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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
€67,908 ($70,803)
If buying on joint names
€67,908 ($70,803)
Transfer fees
If buying as an individual
€1,356,600 ($1,414,450)
If buying on joint names
€1,353,200 ($1,410,905)

Disclaimer - Property reference 830412. 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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