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Commercial Building for sale in Dasoupoli, Nicosia

Dasoupoli, Nicosia, Cyprus
Commercial Building for sale in Dasoupoli, Nicosia 309 Dasoupoli
1100000 €1,100,000  ($1,146,585)
Commercial Building
Dasoupoli, Nicosia

€1,100,000  ($1,146,585)

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 $40,130

Average Bank Rate (€1,100,000)
1 USD = 0.9269 EUR
$1,186,715

Mid-market rate (€1,100,000)
1 USD = 0.9594 EUR
$1,146,585

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: 1249921 (44098)
  • Plot: 1125 sqm

Description

Commercial/Residential Development in Strovolos area, Nicosia. The property is in an excellent location on a cental avenue in Nicosia. It is close to a plethora of amenities and services such as schools, shops, supermarkets, restaurants banks etc. In addition, the property enjoys very good access to the motorway and the Nicosia city center.

The property concerns two adjoining plots of land extending to about 1,125 sq.m. in total and with a house constructed within each. As a unified plot, it has huge potential to be developed to a high rise commercial/residential building, subject to acquiring the relevant permits, since it falls within the commercial planning zone Eβ4 with 140% building density and 50% coverage factor, 4 floors and 17m. height allowance. The properties have rectangular shape with a flat surface and a wide road frontage via two registered roads with total frontage of approximately 68m.

Within the first plot there is a double storey house that was built in 1990 and has internal covered area of 195 sq.m. It consists of on the ground floor of a living and dining area, a kitchen and a bathroom and on the first floor consists of 4 bedrooms, one of which has en-suite bathroom and a family bathroom. Externally, there is a spacious yard, 43 sq. of covered verandas and two covered parking areas.

Within the second plot there is a house that built in 1985, with internal covered area of 190 sqm.m. It consists of two floors and is divided to a ground floor apartment and an incomplete apartment on the first floor. There are also covered verandas of approximately 43 sq.m.

Extra: Covered verandas, Covered Parking

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
€2,108 ($2,197)
If buying on joint names
€2,108 ($2,197)
Transfer fees
If buying as an individual
€40,600 ($42,319)
If buying on joint names
€37,200 ($38,775)

Disclaimer - Property reference 1249921. 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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