€6,500,000 $6,803,070
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Pay in USD and save up to $238,107Key features
- Listing ID: 957862 (5303)
- Plot: 1998 sqm
Description
Six-storey commercial building in a central and lively location in Kaimakli Quarter in Nicosia Municipality, at a distance of 140 meters (approx.) northwest of “BATA” roundabout. The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops etc. In addition, it enjoys excellent access to the city center.
The level of construction and maintenance of the building is excellent. It consists of two basements with underground parking spaces, ground floor, mezzanine and five upper floors.
The two basements consist of 78 parking spaces and 35 storages. The ground floor consists of a large shop/showroom with a mezzanine level. The upper floors consist of open plan high quality office spaces.
The area of the internal spaces (including common areas) is 3650 sqm (approx.) and the basements 2620 sqm (approx.).
Usable shop area: 525 sq.m., plus 296 sq.m. of mezzanine level.
Usable office area: 2,508 sq.m. plus 272 sq.m.of covered verandas.
The second and third floors of the building are rented with satisfactory return.
For the property, an application has been made for the issuance of a final certificate approval.
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.
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