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Shop for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Shop for sale in Nicosia Municipality, Nicosia 309 Nicosia Municipality
Shop
Nicosia Municipality, Nicosia
OFF THE MARKET
Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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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 $11,849

Average Bank Rate (€325,000)
1 USD = 0.9275 EUR
$350,395

Mid-market rate (€325,000)
1 USD = 0.9600 EUR
$338,546

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: 822729 (116384)

Description

Ground floor shop in the heart of Nicosia just off Spyros Kyprianou avenue, one of the most commercial street of the capital. It is situated at a distance of 200 meters west of the intersection of Spyros Kyprianou and Archbishop Makarios III avenues. The area is considered mostly commercial but is also suitable for residential development. The shop is close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc.It is located on the ground floor of a well-maintained building and its construction and maintenance level is good. The property has been designed for the purpose of operation by a financial institution but this does not prohibit the redesign for other uses. It consists of a customer service area, two separate office spaces, storage room, kitchen and three WCs. It has been formed from the unification of three adjacent shops and is being sold as a single property. The area of the internal spaces is 172 sqm.It is important to note that the property has separate title deeds.The property is vacant and is suitable for private use or for rental purposes with satisfactory return.Planning Zone Details:Planning Zone: ΠΕΖBuilding Density: 250%Coverage Coeff.: 70%Floors: *Max Height: * 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: Tripiotis Unit No: 3

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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
€558 ($581)
If buying on joint names
€558 ($581)
Transfer fees
If buying as an individual
€9,600 ($10,000)
If buying on joint names
€6,425 ($6,693)

Disclaimer - Property reference 822729. 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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