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Studio Detached house for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Studio Detached house for sale in Nicosia Walled Old City, Nicosia 227 Nicosia Walled Old City
300000 €300,000  ($316,838)
Studio Detached house
Nicosia Walled Old City, Nicosia

€300,000  ($316,838)

SYNERGY REAL ESTATE

SYNERGY REAL ESTATE

Reg.No: 1150 / Licensed No: 567/E

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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 $11,089

Average Bank Rate (€300,000)
1 USD = 0.9148 EUR
$327,927

Mid-market rate (€300,000)
1 USD = 0.9469 EUR
$316,838

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: 1011479 (2231)
  • Plot: 244 sqm
  • Resale built in 1931

Description

These two beautiful houses are located in the most central area of the Old City of Nicosia, just a few minutes walk from Ledras street.

The first one, built in 1931, is a fine specimen of urban Neoclassical Architecture and its facade is very well preserved. It consists of a living/sitting room, a kitchen with a dining area and a hallway on the ground floor. The first floor, accessed by a wooden staircase, consists of two bedrooms and a bathroom. The total covered area is 135 sqm and it is situated within a plot of 143 sqm. The interior is in need of a renovation.

The second one is a traditional townhouse with Neoclassical elements and arched interior. It is situated within a plot of 101 sqm. It consists of a central living/sitting/dining area and three rooms on the ground floor, and two more rooms on the first floor. It is in need of a full restoration.

Both houses offer access to a shared backyard.

As both houses are listed, they benefit separately from a government funding of 40% and up to 90,000 EUR of the total renovation/restoration cost, tax exemptions and tax-free rental income, as well as the ability to transfer or sell building factor.

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
€508 ($536)
If buying on joint names
€508 ($536)
Transfer fees
If buying as an individual
€8,600 ($9,083)
If buying on joint names
€5,800 ($6,126)

Disclaimer - Property reference 1011479. 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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