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Mixed Use Project for sale in Xylofagou, Larnaca

Xylofagou, Larnaca, Cyprus
Mixed Use Project for sale in Xylofagou, Larnaca 165 Xylofagou
650000 €650,000  ($723,024)
Mixed Use Project
Xylofagou, Larnaca

€650,000  ($723,024)

K. Kalogirou Real Estate

K. Kalogirou Real Estate

Reg. No.: 1104 / License No.: 569/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 $25,306

Average Bank Rate (€650,000)
1 USD = 0.8686 EUR
$748,330

Mid-market rate (€650,000)
1 USD = 0.8990 EUR
$723,024

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: 1396733 (45480)

Description

Double Story, Mixed-Use Building for Sale in Xylofagou Village, Larnaca. Xylofagou is one of the fertile ‘red soil villages’ called Kokkinochoria and belongs in the Larnaka district. The village combines the serenity and comfort of a quiet village, with all the amenities that modern life has to offer. Xylofagou area is situated only 10 minutes’ drive to Ayia Thekla Beach, 15 minutes to Agia Napa Marina, 25 minutes’ drive to Larnaca Center and 25 minutes’ drive to the International Airport of Larnaca. An ideal home for permanent residency.

Mixed Use building for sale in Xylofagou. It consists of two blocks with 19 units in total, 4 shops & 15 apartments. Total enclosed areas consist of approximately 976 sq.m. with approximately 109 sq.m. of mezzanine and approximately 143 sq.m of covered verandas.
The northeastern block was constructed around 1990 and consists of 4 shops with mezzanine, 2 apartments on the mezzanine and 4 apartments on the 1st floor.
The southwestern block was constructed around 2005 and consists of a covered parking space at the ground floor, 5 apartments on the mezzanine and 4 apartments on the 1st floor. Both blocks are connected with communal staircase and lobby.

It is noted that a certificate of final approval has been issued for the north-eastern block.
South-western block building permits should be renewed and separate title deeds could be issued subject to issuing relevant permits and proceeding to legalizations within the property.

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
€1,208 ($1,343)
If buying on joint names
€1,208 ($1,343)
Transfer fees
If buying as an individual
€22,600 ($25,139)
If buying on joint names
€19,200 ($21,357)

Disclaimer - Property reference 1396733. 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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