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Building for Sale in Kokkinotrimithia area, Nicosia. The property is located in Kokkinotrimithia and west of the city of Nicosia. It is strategically positioned close to the highway Nicosia – Troodos, in a region which has experienced a significant development in the past 10-15 years.
Building for sale in Kokkinotrimithia area, Nicosia city. Land area of the property is 403 sq.m. The property comprised of 3 shops and 2 apartments. The internal areas are 380sq. m.
The apartments are 100 sq. m and 85 sq. m. Each have 3 bedrooms, separate kitchen, living area and a bathroom with 1wc. They are both rented for €450 and €400.
The shops are 30 sq. m, 105 sq. m. and 60 sq. m.. Two of the properties are rented, one as a hairdresser saloon and its rent is €350 and the other one is used as a ground floor apartment and its rent is €200. The third shop is vacant at the moment.
The property is a very good investment opportunity.
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.
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