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Commercial Building for sale in Astromeritis, Nicosia

Astromeritis, Nicosia, Cyprus
Commercial Building for sale in Astromeritis, Nicosia 23 Astromeritis
Offers in the region of
400000 €400,000 ($463,988)
Commercial Building
Astromeritis, Nicosia
Offers in the region of
€400,000  ($463,988)
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 $16,240

Average Bank Rate (€400,000)
1 USD = 0.8329 EUR
$480,228

Mid-market rate (€400,000)
1 USD = 0.8621 EUR
$463,988

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: 822675
  • Total covered area: 340 sqm
  • Plot: 1487 sqm
  • Resale built in 2000

Description

Ground floor building with mezzanine, in an excellent location in Astromeritis Community, in Nicosia District. It is situated in a unique location, on Archiepiskopou Makariou III Avenue, a vibrant and popular street of Astromeritis. In the surrounding area there are an abundance of amenities and services, including restaurants, coffee shops and residential and commercial buildings.The building was constructed in 2000 and consists of three shops with mezzanine level and covered parking spaces on its southern side. The property has enclosed area of 340sqm (approximately) and 155sqm (approximately) of mezzanine level. The property is rented for €1630/month and a yield of 4.9%.The property is considered as an appealing investment opportunity, considering that one of the shops is rented to a banking institution.  The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Nicosia Municipality: Astromeritis

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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
€821 ($708)
If buying on joint names
€821 ($708)
Transfer fees
If buying as an individual
€14,616 ($12,600)
If buying on joint names
€10,672 ($9,200)

Disclaimer - Property reference 822675. 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.

We SOLD 79 properties in Astromeritis and nearby areas! We know our local area and we can sell your property in record time and for the best price.