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Commercial Building for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Commercial Building for sale in Nicosia Municipality, Nicosia 2364 Nicosia Municipality
1575000 €1,575,000  ($1,648,856)
Commercial Building
Nicosia Municipality, Nicosia

€1,575,000  ($1,648,856)

SOLD
Bank Owned Property

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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 $57,710

Average Bank Rate (€1,575,000)
1 USD = 0.9229 EUR
$1,706,565

Mid-market rate (€1,575,000)
1 USD = 0.9552 EUR
$1,648,856

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: 839776 (7296)
  • Total covered area: 961 sqm
  • Verandas: 17 sqm
  • Plot: 451 sqm

Description

The asset is a three-floor mixed-use commercial building in Agioi Konstantinou & Elenis quarter, Nicosia. It is located 200m from the Landmark (ex. Hilton) Hotel on Kallipoleos avenue, close to the University of Cyprus - Department of English studies. The building was erected on a corner plot and it comprises of three offices (one on each floor) and a ground floor shop with mezzanine. The building has a total covered area of 961sqm and 17sqm uncovered verandas. It is built within a plot with an area of 451sqm. The asset is in close proximity to many amenities and public services. The surrounding area mainly consists of residential developments (mostly apartments rented out to undergraduate students of the university) and mixed commercial units. The ground floor is currently used as a copy center/bookshop. The remaining three floors are currently used as offices. The building is currently rented for a five figure sum per annum. Energy Performance Classifications for shops: Energy Class C Energy Performance Classifications for offices: Energy Class D Receiver/Manager: PV IPPS Cyprus Ltd – Antonis Vasiliou 121 Prodromou Street, Office 501 Hadjikyriakion Building, 2064 Strovolos, Nicosia P.O. Box 25595, CY-1310 Nicosia, Cyprus T: +357 22 444 234 M: +357 99 450 050 F: +357 22 444 235 E: info@ippscy.com

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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
€3,058 ($3,201)
If buying on joint names
€3,058 ($3,201)
Transfer fees
If buying as an individual
€59,600 ($62,395)
If buying on joint names
€56,200 ($58,835)

Disclaimer - Property reference 839776. 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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