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Commercial Development for sale in Kapedes, Nicosia

Kapedes, Nicosia, Cyprus
Commercial Development for sale in Kapedes, Nicosia 85 Kapedes
370000 €370,000  ($402,708)
Commercial Development
Kapedes, Nicosia

€370,000  ($402,708)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/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 $14,095

Average Bank Rate (€370,000)
1 USD = 0.8877 EUR
$416,803

Mid-market rate (€370,000)
1 USD = 0.9188 EUR
$402,708

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: 1432137 (149472)
  • Total covered area: 795 sqm

Description

Building with title deed, mixed residential/commercial, with built area of 795 sqrm, area 4,435 sqrm, in the area of Kapedes within Nicosia district. The Energy Efficiency Class of the building is C. The Building was constructed in 1994. The plot characteristics are: within planning zone H 3, has a build coefficient of 60.000% with covered coefficient of 35.00%, maximum building permissible height 8.30 meters, and maximum number of floors 2. Τhe plot area is 4,435 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 1,866 sqrm. Walking distance from: pharmacy, hair dresser, corner shop, bakery. 5 minutes from: nursery, primary school, supermarket, childrens play area, gymnastics center, Church. View: mountain. The type of road leading to the property is tarmac secondary road. There is road frontage of 70 meters. The investment is € 465 per covered square meter. If you also take into account that you also get a plot 4,435 sqrm then you can better understand the value. It appears that there is 70% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 1,866 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. This Building has title deed ready.

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 ($705)
If buying on joint names
€648 ($705)
Transfer fees
If buying as an individual
€11,400 ($12,408)
If buying on joint names
€8,000 ($8,707)

Disclaimer - Property reference 1432137. 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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