€455,000 $506,546
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Pay in USD and save up to $17,729Key features
- Listing ID: 1222101 (546410)
- Total covered area: 0 sqm
- Plot: 331 sqm
Description
Mixed-Use Building for Sale in a central location in Agios Savvas, in the old town, in Nicosia.
The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops etc. In addition, it enjoys excellent access to the city center.
The building has a covered area of 331 sqm and consists of 2 shops on the ground floor.
An investment opportunity for a city boutique hotel on the liveliest part of the old city, or student accommodation subject to town planning permits.
It is noted that eligible for government subsidy.
The property lies within planning zone ΕΖ-εν with maximum building ratio of 160%, coverage ratio of 70% , on 3 floors and maximum height of 11,50m.
Density: 160%
Coverage: 70%
Planning Zone: ΕΖ-εν
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.
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