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Mixed Use Project for sale in Platy Aglantzias, Nicosia

Platy Aglantzias, Nicosia, Cyprus
Mixed Use Project for sale in Platy Aglantzias, Nicosia 430 Platy Aglantzias
2400000 €2,400,000  ($2,496,385)
Mixed Use Project
Platy Aglantzias, Nicosia

€2,400,000  ($2,496,385)

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 $87,373

Average Bank Rate (€2,400,000)
1 USD = 0.9289 EUR
$2,583,759

Mid-market rate (€2,400,000)
1 USD = 0.9614 EUR
$2,496,385

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: 864216 (7947)
  • Plot: 1236 sqm

Description

The asset is a two storey mixed-use building known as 'Wights Tower' in Aglantzia. It owns a prime location with high visibility on Limassol Avenue. It is adjacent to the Aluminium Tower and is located 1.5km from the city center.

The building has a total covered area of 1,204sqm. The ground floor consists of three retail units with a total area of 550sqm and 268sqm mezzanine. The first floor consists of an apartment of 134sqm (currently used as part of a gym) and a vacant office area of 252sqm. The building also benefits from a basement parking area.

A Planning Permit has been submitted for a mixed-use building. The planning permit includes:
- Ground Floor: Two spacious shops/showrooms/offices offering flexibility for retail or office use, along with a convenient mezzanine level.
- First/ Second / Third / Fourth Floor: Office spaces, office areas with an open-plan area, conference rooms, kitchen facilities, and verandas.
- Basement: Parking spaces and additional storage rooms.

Energy Performance Classifications for the shops: Energy Class C
Energy Performance Classifications for the Gym: Energy Class D
Energy Performance Classifications for the restaurant: Energy Class D

The property is owned by Beretse Limited, an SPV, wholly owned by Gordian Holdings Ltd.

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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
€4,708 ($4,897)
If buying on joint names
€4,708 ($4,897)
Transfer fees
If buying as an individual
€92,600 ($96,319)
If buying on joint names
€89,200 ($92,782)

Disclaimer - Property reference 864216. 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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