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Mixed Use Project for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Mixed Use Project for sale in Nicosia Walled Old City, Nicosia 216 Nicosia Walled Old City
470000 €470,000  ($495,107)
Mixed Use Project
Nicosia Walled Old City, Nicosia

€470,000  ($495,107)

K. Kalogirou Real Estate

K. Kalogirou Real Estate

Reg. No.: 1104 / License No.: 569/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 $17,329

Average Bank Rate (€470,000)
1 USD = 0.9172 EUR
$512,436

Mid-market rate (€470,000)
1 USD = 0.9493 EUR
$495,107

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: 1230232 (43737)
  • Plot: 987 sqm

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.

Stamp Duties
If buying as an individual
€848 ($893)
If buying on joint names
€848 ($893)
Transfer fees
If buying as an individual
€15,400 ($16,223)
If buying on joint names
€12,000 ($12,641)

Disclaimer - Property reference 1230232. 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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