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Commercial Development
Tseri, Nicosia

€375,000  ($427,797)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/E

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Compared currency flag Pay in USD and save up to $14,973

Average Bank Rate (€375,000)
1 USD = 0.8469 EUR
$442,770

Mid-market rate (€375,000)
1 USD = 0.8766 EUR
$427,797

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: 1060791 (143583)
  • Total covered area: 240 sqm

Description

Building with appliances, residential apartments, with built area of 240 sqrm, area 385 sqrm, in the area of Tseri within Nicosia district. It is within close proximity to: Tseri and Tseri. Has also appliaces including: Cooker, Extraction fan, Oven. Main features include: Garden, granite kitchen, open plan layout, double glazing, ceramic tiles, modern architecture, en suite bath/shower, water pressure system, strctured cabling. Central Heating: with diesel, a/c hot/cold. The building uses split-unit aiconditioners in each room. It also has a water heater working with : solar panels, electricity. The Energy Efficiency Class of the building is B. The Building was constructed in 2006. The building is easy to manage and quiet, since it is small size and is comprised of 2 units. The plot characteristics are: within planning zone Ka 5, has a build coefficient of 100.000% with covered coefficient of 50.00%, maximum building permissible height 13.50 meters, and maximum number of floors 3. Τhe plot area is 385 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 145 sqrm. Zone: Mainly residential area The type of road leading to the property is tarmac secondary road. There is road frontage of 28 meters. The investment is € 1,563 per covered square meter. If you also take into account that you also get a plot 385 sqrm then you can better understand the value. It appears that there is 38% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 145 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax.

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
€11,600 ($13,233)
If buying on joint names
€8,200 ($9,355)

Disclaimer - Property reference 1060791. 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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