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Commercial Building for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Commercial Building for sale in Nicosia Walled Old City, Nicosia 227 Nicosia Walled Old City
4250000 €4,250,000  ($4,487,307)
Commercial Building
Nicosia Walled Old City, Nicosia

€4,250,000  ($4,487,307)

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 $157,056

Average Bank Rate (€4,250,000)
1 USD = 0.9151 EUR
$4,644,362

Mid-market rate (€4,250,000)
1 USD = 0.9471 EUR
$4,487,307

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: 1153251 (16781)
  • Plot: 1033 sqm

Description

This asset is a commercial building located in Nicosia’s city center. The asset consists of:
-Retail space: large ground floor showroom, four floors of exhibition areas with a separate staircase (of 872sqm) and a mezzanine (of 241sqm),
-Office space: four floors of offices (of 261sqm each),
-Basement: two levels with a total 33 parking spaces.
The building benefits of additional building density of c. 300 sqm.
The immediate area of the asset is the commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use.
The asset falls within planning zone EZ-κ with building density coefficient of 200%, coverage coefficient 60%, in 6 floors and a maximum height of 24m.
 
 

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
€8,408 ($8,877)
If buying on joint names
€8,408 ($8,877)
Transfer fees
If buying as an individual
€166,600 ($175,902)
If buying on joint names
€163,200 ($172,313)

Disclaimer - Property reference 1153251. 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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