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Commercial Building for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Commercial Building for sale in Nicosia Municipality, Nicosia 2539 Nicosia Municipality
Auction
8100000 €8,100,000  ($8,805,104)
Commercial Building
Nicosia Municipality, Nicosia
Auction

€8,100,000  ($8,805,104)

SOLD
Bank Foreclosure

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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 $308,179

Average Bank Rate (€8,100,000)
1 USD = 0.8888 EUR
$9,113,283

Mid-market rate (€8,100,000)
1 USD = 0.9199 EUR
$8,805,104

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: 839755 (7078)

Description

The asset is a mixed-use building in Trypiotis quarter located at the corner of Menandrou and Themistokli Dervi streets, 270m east of the Ministry of Interior, 150m south of the old a€˜GSPa€™ area, and 420m southwest of the revamped Eleftheria Square. The building comprises of 2 basements with parking spaces, 2 shops with mezzanine on the ground floor, 2 offices on the 1st and 2nd floor respectively and 36 apartments over 2nd - 7th floors. The asset is built within two plots with a total area of 1674sqm and is within walking distance from Nicosia's main commercial Streets, Makariou and Stasikratous Streets and Nicosia's old town. The surrounding area features multi-storey buildings with shops, restaurants and offices occupied by multinational organizations as well as various governmental departments and Ministries.

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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
€16,108 ($17,510)
If buying on joint names
€16,108 ($17,510)
Transfer fees
If buying as an individual
€320,600 ($348,508)
If buying on joint names
€317,200 ($344,812)

Disclaimer - Property reference 839755. 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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