€180,000 $187,740
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Pay in USD and save up to $6,571Key features
- Listing ID: 1625169 (51178)
Description
Shop for sale, in the heart of Nicosia.
A unique investment opportunity in the heart of Nicosia, this listed property offers versatility and potential for multiple uses, such as a shop with high visibility and foot traffic, as an office perfect for professionals like lawyers or consultants, benefiting from proximity to the courts, and as an apartment, ideally suited for students or professors of the upcoming Architecture School of the University of Cyprus in Faneromeni. With approved architectural plans for renovation and access to government grants covering up to 70% of costs, it combines charm and practicality. The property features dual entrances and benefits from transferable building coefficients, tax exemptions, and a planning permit valid until 2028. Whether for personal use or as an income-generating property, this is an ideal choice for professionals, students, or anyone seeking a prime location with long-term value.
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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