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Shop for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Shop for sale in Nicosia Municipality, Nicosia 2538 Nicosia Municipality
Offers in the region of
4607500 €4,607,500  ($5,016,992)
Shop
Nicosia Municipality, Nicosia
Offers in the region of

€4,607,500  ($5,016,992)

SOLD
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 $175,595

Average Bank Rate (€4,607,500)
1 USD = 0.8873 EUR
$5,192,587

Mid-market rate (€4,607,500)
1 USD = 0.9184 EUR
$5,016,992

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: 830378 (16938)

Description

The asset consists of five shops on the ground floor of a commercial building in Trypiotis area of Nicosia.

The shops are located on Archebishop Makarios III and Spyrou Kyprianou Avenues junction, opposite of the Lykavitos police station.

The asset has a total area of 571sqm (241sqm, 46sqm, 44sqm, 90sqm and 150sqm, each shop respectively) and each unit comprises of an open plan retail area, sanitary facilities and a mezzanine. The five shops enjoy the use of 358sqm pavement area in front of the shops and have a total road frontage of 120m.

The immediate area of the property is the main commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Along Makariou Avenue there are numerous shops, cafeterias and banks as well as offices for many companies and government agencies.

The asset is partially occupied.

The asset falls within planning zone ΠΕΖ-Εκτος with building density coefficient of 250%, coverage coefficient 70%.

Owner: Flymoon Properties Ltd



All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

The asset consists of five shops on the ground floor of a commercial building in Trypiotis area of Nicosia.

The shops are located on Archebishop Makarios III and Spyrou Kyprianou Avenues junction, opposite of the Lykavitos police station.

The asset has a total area of 571sqm (241sqm, 46sqm, 44sqm, 90sqm and 150sqm, each shop respectively) and each unit comprises of an open plan retail area, sanitary facilities and a mezzanine. The five shops enjoy the use of 358sqm pavement area in front of the shops and have a total road frontage of 120m.

The immediate area of the property is the main commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Along Makariou Avenue there are numerous shops, cafeterias and banks as well as offices for many companies and government agencies.

The asset is partially occupied.

The asset falls within planning zone ΠΕΖ-Εκτος with building density coefficient of 250%, coverage coefficient 70%.

Owner: Flymoon Properties Ltd



All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Open map  

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
€9,123 ($9,933)
If buying on joint names
€9,123 ($9,933)
Transfer fees
If buying as an individual
€180,900 ($196,978)
If buying on joint names
€177,500 ($193,275)

Disclaimer - Property reference 830378. 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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