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Commercial Building for sale in Makedonitissa, Nicosia

Makedonitissa, Nicosia, Cyprus
Commercial Building for sale in Makedonitissa, Nicosia 854 Makedonitissa
495000 €495,000  ($523,042)
Commercial Building
Makedonitissa, Nicosia

€495,000  ($523,042)

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 $18,306

Average Bank Rate (€495,000)
1 USD = 0.9144 EUR
$541,349

Mid-market rate (€495,000)
1 USD = 0.9464 EUR
$523,042

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: 1285623 (148137)
  • Total covered area: 272 sqm

Description

Building with title deed, mixed residential/commercial, with built area of 272 sqrm, area 558 sqrm, in the area of Egkomi within Nicosia district. It is within close proximity to: State Fair (Cyprus Expo). Main features include: Store room, basement. The Energy Efficiency Class of the building is D. The Building was constructed in 1977. 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 558 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 286 sqrm. Zone: Mainly residential area The type of road leading to the property is tarmac secondary road. The investment is € 1,820 per covered square meter. If you also take into account that you also get a plot 558 sqrm then you can better understand the value. It appears that there is 51% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 286 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 ακινητο ειναι ενας εμπορικος χωρος που χρησιμοποιηθηκε παλαιοτερα ως εστιατοριο στη Μακεδονιτισσα Λευκωσιας.

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
€898 ($948)
If buying on joint names
€898 ($948)
Transfer fees
If buying as an individual
€16,400 ($17,329)
If buying on joint names
€13,000 ($13,736)

Disclaimer - Property reference 1285623. 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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