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Building for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Building for sale in Nicosia Municipality, Nicosia 2422 Nicosia Municipality
3520000 €3,520,000  ($3,671,359)
Building
Nicosia Municipality, Nicosia

€3,520,000  ($3,671,359)

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 $128,498

Average Bank Rate (€3,520,000)
1 USD = 0.9264 EUR
$3,799,857

Mid-market rate (€3,520,000)
1 USD = 0.9588 EUR
$3,671,359

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: 1623701 (38865)
  • Plot: 1494 sqm

Description

Τhe property consists of a two-star hotel and three adjacent plots in Nicosia Old Town. The plots concern two commercial plots and one residential. They have a total land area of 717sqm and are located close to Eleftheria’s and Solomou Squares. The three plots can be used as parking lots for the hotel.
The location of the property is one of the most tourist areas of Cyprus which consists of restaurants, shops, and hotels. The hotel has good external appearance, physical condition, and maintenance.
It has a land area of 777sqm. It has a total capacity of 33 rooms and consists of 4 floors (a ground floor and 3 floors above), plus 2 basement levels.
The hotel has an internal covered area of 1,340sqm, 92sqm of covered verandas, 1,243sqm of basements and 100sqm of bar situated in its southern part.
Ground Floor consists of:
✔ Reception area
✔ Lounge are
✔ Two Office Rooms
✔ A Restaurant with a Bar and Kitchen

First, Second and Third Floors consist of:
✔ 33 Guest Rooms
✔ Each floor has a room for people with disabilities

Outdoors:
✔ Swimming Pool
✔ Showers
✔ A Single Dining area with a Bar
✔ Guest and Staff toilets
✔ Storage Room

Basement 1:
✔ Gym with changing room and toilets
✔ Office
✔ Staff Room
✔ Storage Rooms
✔ E.A.C. substation

Basement 2:
✔ 20 Covered parking spaces
✔ Storage Room

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
€6,948 ($7,246)
If buying on joint names
€6,948 ($7,246)
Transfer fees
If buying as an individual
€137,400 ($143,308)
If buying on joint names
€134,000 ($139,762)

Disclaimer - Property reference 1623701. 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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