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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 231 Nicosia Walled Old City
Offers in the region of
650000 €650,000  ($706,582)
Building
Nicosia Walled Old City, Nicosia
Offers in the region of

€650,000  ($706,582)

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 $24,730

Average Bank Rate (€650,000)
1 USD = 0.8888 EUR
$731,313

Mid-market rate (€650,000)
1 USD = 0.9199 EUR
$706,582

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: 873850 (41558)

Description

This asset is a mixed-use building in Nempetchane quarter, within Nicosia’s old city walls.



The asset is located on the corner of Megalou Alexandrou and Palaion Patron Germanou Streets, c.250m north of Solomou square and c. 110m west of Ledras Street.



The asset has a total area of 601sqm. The ground floor has an area of 215sqm and comprises of six shops. The first and second floors have a total area of 332sqm and comprise of two two-bedroom apartments each. The third floor has one two-bedroom apartment of 54sqm. All five apartments consist of an open plan living/dining room, a hall, a kitchen, two bedrooms and a bathroom. One of the shops is currently occupied while the rest of the building is vacant.



The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial center of Nicosia.


The asset falls within planning zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.



Reg.No.: 1/158, 1/303, 1/161




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

This asset is a mixed-use building in Nempetchane quarter, within Nicosia’s old city walls.



The asset is located on the corner of Megalou Alexandrou and Palaion Patron Germanou Streets, c.250m north of Solomou square and c. 110m west of Ledras Street.



The asset has a total area of 601sqm. The ground floor has an area of 215sqm and comprises of six shops. The first and second floors have a total area of 332sqm and comprise of two two-bedroom apartments each. The third floor has one two-bedroom apartment of 54sqm. All five apartments consist of an open plan living/dining room, a hall, a kitchen, two bedrooms and a bathroom. One of the shops is currently occupied while the rest of the building is vacant.



The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial center of Nicosia.


The asset falls within planning zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.



Reg.No.: 1/158, 1/303, 1/161




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
€1,208 ($1,313)
If buying on joint names
€1,208 ($1,313)
Transfer fees
If buying as an individual
€22,600 ($24,567)
If buying on joint names
€19,200 ($20,871)

Disclaimer - Property reference 873850. 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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