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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 2421 Nicosia Municipality
4300000 €4,300,000  ($4,484,899)
Mixed Use Project
Nicosia Municipality, Nicosia

€4,300,000  ($4,484,899)

Bank Owned Property

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $156,971

Average Bank Rate (€4,300,000)
1 USD = 0.9264 EUR
$4,641,870

Mid-market rate (€4,300,000)
1 USD = 0.9588 EUR
$4,484,899

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: 864217 (7946)
  • Plot: 1501 sqm

Description

The property is a mixed-use building known as "Silvex House" in Agioi Omologites. It is located on Griva Digeni Avenue in the city center. The building consists of two levels of basement, 5 offices and a shop on the ground floor, and offices on the remaining six floors. It has a covered area of 2,130sqm.

Part of the building is tenanted: Ground floor corner retail unit and office no. 5, in addition to the 2nd, 3rd and 4th floors.
Part of the building is vacant: Ground floor offices no. 2 and 3, and the 5th and 6th floors.
Part of the building is not owned by Anoreve Limited (Gordian SPV): Ground floor offices no. 1 and 6, in addition to the 1st floor.

The property holds a premium location with high visibility, in Nicosia Business Centre. It offers excellent proximity to all amenities, public services, bars and restaurants. It is a great investment opportunity for high rental income at the centre of the capital.

Energy Performance Certificate for 5th floor: Energy Class C
Energy Performance Certificate for 6th floor: Energy Class G

The property is owned by Anoreve Limited, an SPV, wholly owned by Gordian Holdings Ltd.

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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
€8,508 ($8,873)
If buying on joint names
€8,508 ($8,873)
Transfer fees
If buying as an individual
€168,600 ($175,850)
If buying on joint names
€165,200 ($172,304)

Disclaimer - Property reference 864217. 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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