€450,000 $471,411
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Pay in USD and save up to $16,499Key features
- Listing ID: 927542 (123567)
- Bathrooms: 3
- Total covered area: 176 sqm
- Resale built in 1995
Description
Office in a central and lively location in Agioi Omologites Quarter, in Nicosia Municipality. It is situated at a distance of approximately 200 meters of the intersection of Kennedy and Nikis Avenues.The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes, bakeries etc. In addition, it has excellent accessibility to the city center. In general, it is an excellent location with high demand for properties due to its centrality and accessibility.The property abuts onto John Kennedy Avenue and located on the 5th floor of the building named “KENNENDY BUSINESS CENTER”. The building was built 27 years ago (approx.) and its level of construction and maintenance is good. Internally the office consists of reception area, office spaces, hygiene area and kitchenette. It has an internal covered area of 176sqm, the covered veranda 52sqm and the uncovered veranda 30 sqm.It has a separate title deed and 4 covered parking space in the basement.Currently, the office is rented for €1,900/month with a yield of 5% and it is considered as a good choice for investment. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Nicosia Municipality: Nicosia Municipality Quarter: Agioi Omologites
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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