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Mixed Use Project for sale in Geri, Nicosia

Geri, Nicosia, Cyprus
Mixed Use Project for sale in Geri, Nicosia 507 Geri
Mixed Use Project
Geri, Nicosia
OFF THE MARKET
Arazo Real Estate

Arazo Real Estate

Reg.No: 851 / Licensed No: 434/E

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In high demand!
Compared currency flag Pay in USD and save up to $14,362

Average Bank Rate (€370,000)
1 USD = 0.8712 EUR
$424,698

Mid-market rate (€370,000)
1 USD = 0.9017 EUR
$410,336

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: 1465852 (9653)

Description

Two-story mix-use building located in a central location in Geri Municipality of Nicosia district. It has a corner location and abuts onto Athalassis Avenue and Anti Pernari street, approximately 200 meters north of Agios Minas church and 250 meters northeast of A’ Primary School of Geri. The property is in a central lively area while it is also ideal for residential use. Within walking distance are many amenities and services such as shops, supermarkets, banks, schools, etc. In addition, it has excellent access to neighboring municipality and communities.

The building is approximate 45 years old and it has been renovated recently. It consists of a ground floor shop/private institute and a covered parking space while the upper floor level consists of a house.

The private institute consists of a reception area, sitting area, kitchenette, toilets, storage and four learning rooms. Shop internal area is approximate 163sqm.

The upper floor house consists of an open plan sitting/dining area, kitchen, guest toilet, main bathroom and three bedroom (the master bedroom with shower en-suite). Internal house area is approximate 176sqm plus approximate 43sqm covered verandas.

It is noted that the shop is rented for €650/month and the upper-floor house is vacant.

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
€648 ($718)
If buying on joint names
€648 ($718)
Transfer fees
If buying as an individual
€11,400 ($12,643)
If buying on joint names
€8,000 ($8,872)

Disclaimer - Property reference 1465852. 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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