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Apartment Building for sale in Latsia, Nicosia

Latsia, Nicosia, Cyprus
Apartment Building for sale in Latsia, Nicosia 823 Latsia
975000 €975,000  ($1,061,456)
Apartment Building
Latsia, Nicosia
€975,000  ($1,061,456)
HomeGate Real Estate Agency
HomeGate Real Estate Agency
Reg.No: 1151 / Licensed No: 441/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 $37,151

Average Bank Rate (€975,000)
1 USD = 0.8875 EUR
$1,098,606

Mid-market rate (€975,000)
1 USD = 0.9185 EUR
$1,061,456

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: 1209439 (90056)

Description

An excellent investment opportunity for sale seven out of totally nine apartments, situated on a two-storey building in Latsia area, 20 meters from Strovolos boundaries and around 500 meters from the General Hospital of Nicosia.
The apartments are currently under rental agreement with a 5.56% rental return (€54.240 yearly).
Apartments with door no. 102, 201 and 202 are 2 bedroom apartments, and consist of an open plan sitting, dining and kitchen area, two bedrooms of which the master bedroom includes a toilet and a main bathroom.
Apartments with door no. 104, 105 and 204 area 1 bedroom apartments, and consist of an open plan sitting, dining and kitchen area, one bedroom and one bathroom.
Apartment no. 203 is a 3 bedroom apartment and consists of an open plan sitting, dining and kitchen area, three bedrooms of which the master bedroom is en-suite, and a main bathroom.
Externally, all the apartments have covered verandas and exclusive right of use of a designated covered parking spot on the ground floor.
Apartment No. 203 has the exclusive right of use of two designated covered parking spots on the ground floor.
The asset is located approx. 450m from the motorway and approx. 2km from Latsia community centre.
This property consists of:
Flat 102 extends to approximately 77 sq.m. in total internal areas and 12 sq.m. of covered verandas.
Flat 104 extends to approximately 51 sq.m. in total internal areas and 7 sq.m. of covered verandas.
Flat 105 extends to approximately 50 sq.m. in total internal areas and 7 sq.m. of covered verandas. .
Flat 201 extends to approximately 75 sq.m. in total internal areas and 12 sq.m. of covered verandas.
Flat 202 extends to approximately 77 sq.m. in total internal areas and 12 sq.m. of covered verandas.
Flat 203 extends to approximately 101 sq.m. in total internal areas and 14 sq.m. of covered verandas.
Flat 204 extends to approximately 50 sq.m. in total internal areas and 7 sq.m. of covered verandas.

The properties fall within Zone Κα5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction., Please contact us for more information.

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
€1,858 ($2,022)
If buying on joint names
€1,858 ($2,022)
Transfer fees
If buying as an individual
€35,600 ($38,757)
If buying on joint names
€32,200 ($35,055)

Disclaimer - Property reference 1209439. 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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