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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 197 Nicosia Walled Old City
470000 €470,000  ($489,646)
Mixed Use Project
Nicosia Walled Old City, Nicosia

€470,000  ($489,646)

Bank Owned Property

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $17,138

Average Bank Rate (€470,000)
1 USD = 0.9274 EUR
$506,784

Mid-market rate (€470,000)
1 USD = 0.9599 EUR
$489,646

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: 877232 (8013)
  • Total covered area: 586 sqm
  • Plot: 987 sqm

Description

The property refers to a retail shop and a mixed-use building in Faneromeni. They are located inside the walled city of Nicosia, 55m from Faneromeni Primary School and 150m from Ledras street. The three storey mixed-use building abuts on Evripidou street and occupies a corner position. 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. It occupies a corner position along Evripidou and Andrea Louka streets. 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.

The property offers close proximity to all amenities. Ledras and Onasagorou commercial streets are within 1-minute walking distance.

Energy Performance Certificate for Retail shop: Energy Class C
Energy Performance Certificate for Apartment: Energy Class E

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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 ($883)
If buying on joint names
€848 ($883)
Transfer fees
If buying as an individual
€15,400 ($16,044)
If buying on joint names
€12,000 ($12,502)

Disclaimer - Property reference 877232. 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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