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Building for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Building for sale in Nicosia Municipality, Nicosia 2465 Nicosia Municipality
1700000 €1,700,000  ($1,897,383)
Building
Nicosia Municipality, Nicosia

€1,700,000  ($1,897,383)

Mesitis Real Estate

Mesitis Real Estate

REGISTERED & LICENCED REAL ESTATE AGENT Α.Μ. 750, Α.Α. 402/Ε

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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 $66,408

Average Bank Rate (€1,700,000)
1 USD = 0.8657 EUR
$1,963,791

Mid-market rate (€1,700,000)
1 USD = 0.8960 EUR
$1,897,383

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: 1007603 (22921)

Description

The property is a mixed-use building known as "Elenios Stoa" in Trypiotis quarter, Nicosia Municipality. It is located on the pedestrian-only streets of Ledras and Onasagorou, 100m from the revamped Eleftherias Square.

The building has a covered area of 1,322sqm and consists of 7 shops on the ground floor that have been unified to 3 (one is rented as a souvenir shop), 21 apartments (13 studios, 6 two-bedroom and 2 three-bedroom) and a roof garden of 366sqm. The building has also a basement with an area of 224sqm. It is built within a land area of 366sqm.

An investment opportunity for a city boutique hotel on the most lively part of the old city, or student accommodation subject to town planning permits.

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
€3,308 ($3,692)
If buying on joint names
€3,308 ($3,692)
Transfer fees
If buying as an individual
€64,600 ($72,101)
If buying on joint names
€61,200 ($68,306)

Disclaimer - Property reference 1007603. 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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