€470,000 $525,060
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- Listing ID: 1230232 (43737)
Description
Corner Mixed-Use Building & Shop in Faneromeni area, Nicosia. Three-storey building in the heart of Nicosia Municipality in Faneromeni Quarter, at a close distance of Panagia Faneromeni Church and Ledras and Onasagorou commercial streets are within 1-minute walking distance.
The property is located close to a plethora of amenities and services such as restaurants, cafes, shops etc. The area of the property is characterized by an increased demand for properties due to its commercial/picturesque orientation and accessibility.
The internal area of the whole building is 586 sq m.It consists of a ground floor shop with mezzanine and residential units on the upper floors. The building has a total covered area of 337sqm. The ground floor has an area of 125sqm (part shop & part storage room), the mezzanine has an area of 60sqm, the apartment on the first floor has an area of 100sqm and the apartment on the second floor has an area of 52sqm.
The shop refers to a ground floor retail unit with mezzanine.The shop forms part of a commercial building which consists of 11 units. Its total covered area is 249sqm. The ground floor and the mezzanine have an area of 88sqm each, while the basement has an area of 73sqm.
It is noted that the property is partly occupied.
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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