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Commercial Building for sale in Lykavitos, Nicosia

Lykavitos, Nicosia, Cyprus
Commercial Building for sale in Lykavitos, Nicosia 385 Lykavitos
2600000 €2,600,000  ($2,889,178)
Commercial Building
Lykavitos, Nicosia

€2,600,000  ($2,889,178)

STARMAX

STARMAX

Reg. No: 1267 / Licensed No: 514/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $101,121

Average Bank Rate (€2,600,000)
1 USD = 0.8695 EUR
$2,990,299

Mid-market rate (€2,600,000)
1 USD = 0.8999 EUR
$2,889,178

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: 1439821 (28846)

Description

This building is situated in Agios Antonios, Nicosia, offering a unique investment opportunity.
Surrounded by thriving businesses, retail outlets, essential amenities and consist of a showroom/retail unit with mezzanine on the ground floor and 4 upper floors which consist of offices.

Key Features:
• Total Floors: 5 (4 + Ground Floor with mezzanine)
• Basements: 2

Basement -1: 460sqm Designated parking space, ensuring convenient and secure parking for tenants and visitors.
Basement -2: 330sqm Currently rented as a stockroom, providing additional rental income.
• Current Occupancy: Partially rented
• Current Yield: 5.1%
• Potential Yield: 6.9% (with the rental of the ground floor)

The building is designed to facilitate a variety of commercial uses, offering flexible space solutions that can accommodate retail shops, offices, or service centers.

Ground floor 230sqm and the mezzanine 35sqm, are currently available for rent,
First Floor: Unit No1 , 130sqm & Unit No2, 250sqm
Second Floor: 250sqm
Third floor:250sqm
Forth Floor:230sqm + 32 sqm Veranda.

With 2 Elevators, AC units, kitchen and WC's for each floor.

Hasl title deed and final approval with all permits.

For details please contact me to discuss.

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
€5,108 ($5,676)
If buying on joint names
€5,108 ($5,676)
Transfer fees
If buying as an individual
€100,600 ($111,789)
If buying on joint names
€97,200 ($108,011)

Disclaimer - Property reference 1439821. 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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