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Warehouse for sale in Agios Dometios, Nicosia

Agios Dometios, Nicosia, Cyprus
Warehouse for sale in Agios Dometios, Nicosia 22 Agios Dometios
Offers in the region of
2375000 €2,375,000 ($2,436,397)
Warehouse
Agios Dometios, Nicosia
Offers in the region of
€2,375,000  ($2,436,397)
UNDER OFFER
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 $85,274

Average Bank Rate (€2,375,000)
1 USD = 0.9418 EUR
$2,521,671

Mid-market rate (€2,375,000)
1 USD = 0.9748 EUR
$2,436,397

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: 829898

Description

The property consists of a car showroom and offices with total land area of 2.230 sqm, in Agios Dometios Municipality, in Nicosia. It is adjacent to Aristeidou Street on its southern boundary, to Isavellas Street on its western and to Promitheos Street on its eastern, at a distance of few meters north of Kyriakou Matsi Avenue and 380 meters north-east of the ‘Kolokasides’ Roundabout.

The property is currently used as a showroom with auxiliary areas with total covered area of 1000 sqm and has been configured upon the needs of the occupant. In 2010 the building was fully renovated and is in good condition of maintenance. 

The asset is currently leased.

The immediate area of the property is mainly developed with commercial buildings such as shops, restaurants and showrooms, along with upper floor offices and apartments. The asset is located along Aristidou Street in Agios Dometios and as a result is visible from a distance and it enjoys good accessibility towards the centre of Nicosia and the surrounding areas.

The property falls within the following two Planning Zones: 

Commercial zone Εβ3 with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 6 floors and 24 meters height. 

Residential zone Κα4 with a maximum building density coefficient of 120% and a land coverage coefficient of 50% over 3 floors and 13.50 meters height. 

Owner: Arcandello Properties Ltd



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

The property consists of a car showroom and offices with total land area of 2.230 sqm, in Agios Dometios Municipality, in Nicosia. It is adjacent to Aristeidou Street on its southern boundary, to Isavellas Street on its western and to Promitheos Street on its eastern, at a distance of few meters north of Kyriakou Matsi Avenue and 380 meters north-east of the ‘Kolokasides’ Roundabout.

The property is currently used as a showroom with auxiliary areas with total covered area of 1000 sqm and has been configured upon the needs of the occupant. In 2010 the building was fully renovated and is in good condition of maintenance. 

The asset is currently leased.

The immediate area of the property is mainly developed with commercial buildings such as shops, restaurants and showrooms, along with upper floor offices and apartments. The asset is located along Aristidou Street in Agios Dometios and as a result is visible from a distance and it enjoys good accessibility towards the centre of Nicosia and the surrounding areas.

The property falls within the following two Planning Zones: 

Commercial zone Εβ3 with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 6 floors and 24 meters height. 

Residential zone Κα4 with a maximum building density coefficient of 120% and a land coverage coefficient of 50% over 3 floors and 13.50 meters height. 

Owner: Arcandello Properties Ltd



All urban features must be checked with the proper authorities. The Bank has the right to review the 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
€4,658 ($4,778)
If buying on joint names
€4,658 ($4,778)
Transfer fees
If buying as an individual
€91,600 ($93,968)
If buying on joint names
€88,200 ($90,480)

Disclaimer - Property reference 829898. 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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