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Mixed Use Project for sale in Geroskipou, Paphos

Geroskipou, Paphos, Cyprus
Mixed Use Project for sale in Geroskipou, Paphos 344 Geroskipou
915000 €915,000  ($979,947)
Mixed Use Project
Geroskipou, Paphos

€915,000  ($979,947)

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 $34,298

Average Bank Rate (€915,000)
1 USD = 0.9021 EUR
$1,014,245

Mid-market rate (€915,000)
1 USD = 0.9337 EUR
$979,947

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: 839866 (6606)
  • Bedrooms: 10
  • Resale built in 1998

Description

The property concerns a three-storey mixed-use building in Geroskipou. It is located on Sotiri Papalazarou street, parallel to Archiepiskopou Makariou III avenue, 700m from Pafiako Stadium and about 900m from Geroskipou Town Hall.

The property is situated in a plot with a total land area of 530sqm. It comprises of 7 units in total. A ground floor shop with mezzanine, two studio apartments in the mezzanine, two 2-bedroom apartments on the first floor and two 2-bedroom apartments on the second floor.

The ground floor has total area of 186sqm and a mezzanine of 94sqm, which has been divided into two shops.
There are two studio apartments on the mezzanine with 34sqm internal area each. They consist of an open plan area with as small kitchen and a separate bathroom.

On the first floor there are two 2-bedroom apartments with internal area of 78sqm and 42sqm of uncovered verandas each.

On the second floor of the property there are two 2-bedroom apartments with internal area of 78sqm and a covered veranda of 10sqm each.

The immediate area of the property consists of mixed use, commercial and residential units. In close vicinity of the property, there are multiple amenities such as shops, supermarkets, offices, and schools.

Separate Title Deeds exist for each unit. The property is currently occupied.

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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
€1,738 ($1,861)
If buying on joint names
€1,738 ($1,861)
Transfer fees
If buying as an individual
€33,200 ($35,557)
If buying on joint names
€29,800 ($31,915)

Disclaimer - Property reference 839866. 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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