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Commercial Building for sale in Palaiometocho, Nicosia

Palaiometocho, Nicosia, Cyprus
Commercial Building for sale in Palaiometocho, Nicosia 246 Palaiometocho
985000 €985,000  ($1,025,323)
Commercial Building
Palaiometocho, Nicosia

€985,000  ($1,025,323)

STARMAX

STARMAX

Reg. No: 1267 / Licensed No: 514/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 $35,886

Average Bank Rate (€985,000)
1 USD = 0.9282 EUR
$1,061,209

Mid-market rate (€985,000)
1 USD = 0.9607 EUR
$1,025,323

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: 1511663 (28545)
  • Plot: 9948 sqm

Description

Two buildings of total covered area 2.994 sqm located in Paliometocho.

The first building is of total area 1.804 sqm and it is situated on the main road of Kokkinotrimithia- Agioi Trimithias. It comprises of a ground floor with mezzanine and 4 apartments on the first floor.

The ground floor area is around 811 sqm and comprises of an open plan area with 3 WC’s and a warehouse. Its mezzanine is of approximately total area of 300 sqm and consists of an open plan, two office rooms and two toilets. The 4 apartments on the first floor have a total area of 693 sqm.

The second building is a three storey building and is situated at the back of the first building. It comprises of a basement, a warehouse on ground floor and apartments on the floor which are still under construction. The ground floor and first floor are approximately of total area of 390 sqm each. The basement is approximately of total area of 410 sqm.

The properties are empty fields and fall within the planning zone H3 (Housing Zone) with maximum building density coefficient 60%, coverage coefficient 35% in 2 floors and 8,30 meters height.

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
€1,878 ($1,954)
If buying on joint names
€1,878 ($1,954)
Transfer fees
If buying as an individual
€36,000 ($37,474)
If buying on joint names
€32,600 ($33,935)

Disclaimer - Property reference 1511663. 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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