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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 230 Nicosia Walled Old City
2900000 €2,900,000  ($3,231,468)
Commercial Building
Nicosia Walled Old City, Nicosia

€2,900,000  ($3,231,468)

Elit Blue

Elit Blue

Reg. No: 1009 / License No: 460/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 $113,101

Average Bank Rate (€2,900,000)
1 USD = 0.8671 EUR
$3,344,569

Mid-market rate (€2,900,000)
1 USD = 0.8974 EUR
$3,231,468

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: 1300558 (6862)

Description

It is a four-storey commercial building and plot for sale centrally located in Agios Antonios, Nicosia.

The ground floor consists of a shop/showroom and a bathroom, the mezzanine consists of offices, storage and bathrooms, and the 1st,2nd and 3rd floors consist of offices, meeting rooms, kitchen and bathrooms.

This property falls within Zone ΕΖ-κ, with a building coefficient of 200%, coverage of 60%, and permission for six floors (24m) of construction.

Incentives provided by the council of ministers suggest that subject to approval and acquiring the necessary permits, the property can benefit from a building coefficient of 300%, coverage of 60%, and permission for eight construction floors.

The commercial plot extends to approximately 722sq.m. in total. It has a rectangular shape with a flat surface and a total frontage of approximately 22m.

Access to the plot is via a registered road facing the property's southern side.

Please get in touch with Elit Blue to arrange a private viewing.

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
€5,708 ($6,360)
If buying on joint names
€5,708 ($6,360)
Transfer fees
If buying as an individual
€112,600 ($125,470)
If buying on joint names
€109,200 ($121,681)

Disclaimer - Property reference 1300558. 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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