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Commercial Development for sale in Makedonitissa, Nicosia

Makedonitissa, Nicosia, Cyprus
Commercial Development for sale in Makedonitissa, Nicosia 880 Makedonitissa
1200000 €1,200,000  ($1,269,360)
Commercial Development
Makedonitissa, Nicosia

€1,200,000  ($1,269,360)

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 $44,428

Average Bank Rate (€1,200,000)
1 USD = 0.9134 EUR
$1,313,788

Mid-market rate (€1,200,000)
1 USD = 0.9454 EUR
$1,269,360

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: 1199840 (146911)
  • Total covered area: 467 sqm

Description

Building mixed residential/commercial, with built area of 467 sqrm, area 549 sqrm, just 350 m from highway, in the area of Egkomi within Nicosia district. It is within close proximity to: State Fair (Cyprus Expo). Main features include: Mezzanine, basement. The Energy Efficiency Class of the building is C. The Building was constructed in 2002. The plot characteristics are: within planning zone Eb4, has a build coefficient of 140.000% with covered coefficient of 50.00%, maximum building permissible height 17.00 meters, and maximum number of floors 4. Τhe plot area is 549 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 302 sqrm. Zone: Commercial Zone and other central services. 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. There is road frontage of 20 meters. The investment is € 2,570 per covered square meter. If you also take into account that you also get a plot 549 sqrm then you can better understand the value. It appears that there is 39% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 302 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. Has distance from main higway 350 m. Αποτελειται απο εκθεσιακο χωρο με ημιωροφο και υπογειο στο ισογειο, γραφειο στον 1ο οροφο και διαμερισμα στον 2ο οροφο. Το υπογειο εχει εμβαδον 345 τ.μ., ο εκθεσιακος χωρος εχει συνολικο εμβαδον 250 τ.μ. και ο ημιωροφος 110 τ.μ.. Το γραφειο στον πρωτο οροφο εχει εσωτερικο χωρο 110 τ.μ.. Το διαμερισμα στον δευτερο οροφο αποτελειται απο εναν ενιαιο χωρο με κουζινα, σαλονι και τραπεζαρια, 3 υπνοδωματια ενα απο τα en-suite και ενα ξεχωριστο μπανιο. Το διαμερισμα εχει εμβαδον εσωτερικων χωρων 125 τ.μ., 30 τ.μ. καλυμμενες βεραντες και 46 τ.μ. ακαλυπτες βεραντες.

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
€2,308 ($2,441)
If buying on joint names
€2,308 ($2,441)
Transfer fees
If buying as an individual
€44,600 ($47,178)
If buying on joint names
€41,200 ($43,581)

Disclaimer - Property reference 1199840. 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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