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Mixed Use Project for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Mixed Use Project for sale in Nicosia Municipality, Nicosia 2590 Nicosia Municipality
Offers in the region of
12700000 €12,700,000  ($13,770,595)
Mixed Use Project
Nicosia Municipality, Nicosia
Offers in the region of

€12,700,000  ($13,770,595)

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 $481,971

Average Bank Rate (€12,700,000)
1 USD = 0.8911 EUR
$14,252,566

Mid-market rate (€12,700,000)
1 USD = 0.9223 EUR
$13,770,595

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: 1550128 (altia1832)
  • Total covered area: 2861 sqm
  • Plot: 2964 sqm

Description

The property with Reference number 1615 is a plot with a three-storey building and parking area.
The ground floor is divided into three sections: the cosmetics section, a supermarket and their office spaces. The cosmetics department has two entrances, two elevators, escalator, staircase and comprises of an undivided shopping area. The supermarket comprises of three product corridors, refrigerators, kitchenette and four cash registers. The offices are comprised of three offices, a restroom, two elevators and product loading and unloading area.
Furthermore the basement comprises of two parts: the supermarket's storage area with cold storage spaces and a single sales area product display (clothing) and fitting rooms.
The first floor of the building comprises of an open space for product display, fitting rooms and toilets (men and women) and a server room.
The second floor consists of three sections: a restaurant / cafeteria, staff area and refrigeration area. The restaurant comprises of an open plan dining area, kitchen, storage, cashier, cafeteria and toilets for men and women. The staff area comprises of women’s locker room, men’s locker room, cleaner’s storage room, meeting room and a kitchen.

The property with Reference number 1616 is a plot with a mixed use three-storey building.
The building consists of a ground floor with a mezzanine (open space store) and two floors with a total of three apartments.

The asset is located approx. 900m northwest of the "The landmark" hotel, approx 550m south of “Eleftheria” Square and approx. 1.7km from the Presidential Palace.

This property consists of:

Property with registration number 25/2370, extending to approximately 2438 sq.m. in total and falls within a duel Zone ΠΕΖ(62%), with a building coefficient of 250%, coverage of 70%, and permission for 0 floors (0m) of construction and Zone ΕΖ-κ(38%), with a building coefficient of 200%, coverage of 60%, and permission for 6 floors (24m) of construction.
Property with registration number 25/4337, extending to approximately 526 sq.m. in total and falls within Zone ΠΕΖ, with a building coefficient of 250%, coverage of 70%, and permission for 0 floors (0m) of construction.

Asking price for the specific asset is negotiable.

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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
€25,308 ($27,441)
If buying on joint names
€25,308 ($27,441)
Transfer fees
If buying as an individual
€504,600 ($547,137)
If buying on joint names
€501,200 ($543,451)

Disclaimer - Property reference 1550128. 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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