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Commercial Building for sale in Kato Lakatamia, Nicosia

Kato Lakatamia, Nicosia, Cyprus
Commercial Building for sale in Kato Lakatamia, Nicosia 916 Kato Lakatamia
510000 €510,000  ($569,950)
Commercial Building
Kato Lakatamia, Nicosia

€510,000  ($569,950)

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 $19,948

Average Bank Rate (€510,000)
1 USD = 0.8646 EUR
$589,898

Mid-market rate (€510,000)
1 USD = 0.8948 EUR
$569,950

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: 1506370 (150326)
  • Total covered area: 0 sqm

Description

Sound investment building with title deed, mixed residential/commercial, with built area of 470 sqrm, area 611 sqrm, in the area of Lakatameia, Lakatamia within Nicosia district. It is within close proximity to: Metro roundabout (Lakatameias). The Energy Efficiency Class of the building is D. The Building was constructed in 1990. The plot characteristics are: within planning zone Ka 5, has a build coefficient of 100.000% with covered coefficient of 50.00%, maximum building permissible height 13.50 meters, and maximum number of floors 3. Τhe plot area is 611 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 141 sqrm. Zone: Mainly residential area Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. View: town. The type of road leading to the property is tarmac secondary road. The investment is € 1,085 per covered square meter. If you also take into account that you also get a plot 611 sqrm then you can better understand the value. It appears that there is 23% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 141 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. Το κτιριο αποτελειται απο 2 καταστηματα στο ισογειο, υπογειο αποθηκευτικο χωρο καθως και μια ανωγεια κατοικια. Σημειωνεται οτι το ισογειο κτιριο εχει ανεγερθηκε περι το ετος 1990 και ο οροφος περι το ετος 1996. Το καταστημα χρησιμοποιειται ως φρουταρια, ενω να σημειωθει πως ενα μικρο τμημα του στα ανατολικα εχει διαμορφωθει σε ξεχωριστο καταστημα. Το συνολικο εμβαδο των καταστηματων ανερχεται σε 300τ.μ. περιπου . Το υπογειο ειναι διαχωρισμενο σε δυο τμημα με συνολικο εμβαδο 280τ.μ. και χρησιμοποιειται ως αποθηκευτικος χωρος. Η ανωγεια κατοικια εχει συνολικο εμβαδο περι τα 170τ.μ. και αποτελειται απο ενιαιο χωρο καθιστικο σαλονι τραπεζαρια, μπανιο αποχωρητηριο, αποχωρητηριο ξενων, κουζινα πλυσταριο και 3 υπνοδωματια. Σημειωνεται οτι μερος του υπογειου και το μεγαλο καταστημα φρουταρια ενοικιαζεται προς 1700 μηνα ενω μερος του υπογειου, το μικρο καταστημα και η ανωγεια κατοικια ειναι κενα.

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
€928 ($1,037)
If buying on joint names
€928 ($1,037)
Transfer fees
If buying as an individual
€17,000 ($18,998)
If buying on joint names
€13,600 ($15,199)

Disclaimer - Property reference 1506370. 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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