€1,200,000 $1,304,460
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Pay in USD and save up to $45,656Key features
- Listing ID: 880653 (6672)
- Bedrooms: 10
- Total covered area: 1090 sqm
- Plot: 438 sqm
Description
The asset is a hotel known as “RIMI Hotel” in Trypiotis quarter, Nicosia Municipality. It is located on the corner of Solonos street and Aristokyprou street, 150m from the revamped Eleftherias Square and 70m from Ledras street. It is adjacent to a pedestrian street (Laiki Geitonia) along its eastern border. The hotel was renovated in 2000 and consists of a ground floor, a basement, and three floors. The ground floor consists of a reception area, living area, restaurant, bar, kitchen, office, and an inner courtyard which is converted into storage. It has a total of 26 bedrooms over two floors. Laiki Geitonia is a traditional pedestrian neighbourhood inside the city walls and one of the most touristic areas in Cyprus with restaurants, bars, cafes retail stores and hotels. The asset may be eligible for the new government incentives for the rejuvenation of the interior of the walls in Nicosia. Owner: TUIREANN LTD (Gordian SPV)
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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