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Building for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Building for sale in Nicosia Walled Old City, Nicosia 227 Nicosia Walled Old City
3000000 €3,000,000  ($3,168,380)
Building
Nicosia Walled Old City, Nicosia

€3,000,000  ($3,168,380)

Fox Smart Estate Agency Nicosia

Fox Smart Estate Agency Nicosia

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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 $110,893

Average Bank Rate (€3,000,000)
1 USD = 0.9148 EUR
$3,279,274

Mid-market rate (€3,000,000)
1 USD = 0.9469 EUR
$3,168,380

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: 1150776 (1875)
  • Plot: 866 sqm

Description

This is a huge investment opportunity.An iconic 8 level building right in the heart of Nicosia consisting of 17 units.At the ground-floor there are 5 shops, some in very good condition, and some in the need of renovation.Also at ground-floor and 1st floor, there is a 650sqm of office space, suitable for a variety of purposes.Floors 2, 3, 4, 5 and 6 feature 2 apartments each (a 2-bedroom and a 3-bedroom) and at the 7th floor, there is a 336sqm penthouse. Most of the apartment would benefit from a renovation.The views from the higher levels of the building are magnificent.The whole building adds up to 2,329sqm of internal areas.The building features a clear title deed and a final approval by the municipality.

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
€5,908 ($6,239)
If buying on joint names
€5,908 ($6,239)
Transfer fees
If buying as an individual
€116,600 ($123,144)
If buying on joint names
€113,200 ($119,554)

Disclaimer - Property reference 1150776. 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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