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Mixed Use Project for sale in Sopaz, Nicosia

Sopaz, Nicosia, Cyprus
Mixed Use Project for sale in Sopaz, Nicosia 55 Sopaz
2900000 €2,900,000  ($3,020,707)
Mixed Use Project
Sopaz, Nicosia

€2,900,000  ($3,020,707)

K. Kalogirou Real Estate

K. Kalogirou Real Estate

Reg. No.: 1104 / License No.: 569/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $105,725

Average Bank Rate (€2,900,000)
1 USD = 0.9276 EUR
$3,126,432

Mid-market rate (€2,900,000)
1 USD = 0.9600 EUR
$3,020,707

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: 1650110 (46711)
  • Plot: 8726 sqm

Description

Mixed Used Commercial property for sale in Kaimakli are, Nicosia. The property consists of three adjacent plots and two commercial buildings wich are located in Industrial area, in Kaimakli, Nicosia.

The first plot has total are of 3113sq.m and belongs a building which consists of a ground floor with 1.568sq.m. of internal covered area and a semi – basement floor with 1.540 sq.m of internal covered area. This building has also 175sq.m. of uncovered verandas. This ground floor contains an open plan exhibition area and a mezzanine which is used as storage area. The second level is comprised of offices, storage rooms, a kitchen, production control room, production area and an uncovered veranda. The lower level consists of a workshop area, refrigerator room, storage area, toilets, locker rooms and an EAC substation. Externally there is an office room of approximately 25 sq.m.

Commercial Building with Showroom for Sale in Kaimakli area, Nicosia. The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops etc. In addition, it enjoys excellent access to the city center.

The other two plots have an area of 5.613 sq.m in total. These two plots contain a building which is divided into a ground floor and a semi-basement of approximately 1.360 sq.m. respectively, 3.115 sq.m. in total internal area. The ground floor consists of three storage areas and office rooms.
The semi-basement consists of storage areas, two refrigerator rooms and a boiler room.
Externally there is an office room of approximately 25 sq.m.

All the properties fall within Zones Βα1 and ΒΕ3 with a building coefficient of 160% coverage of 50% and permission for 4 floors.

In addition, the plots fall within special zone ΕΠ6 which allow, apart from industrial and warehousing developments, the construction of other commercial developments such as business offices, hyperstores, showrooms and exhibition areas for items with an increased volume or that require the storage of large quantities of product i.e. DIY stores, furniture, electrical appliances etc. car showrooms.

Additionally, ΕΠ6 special zone allows the development of leisure facilities such as cinema, as well as schools - student nests and other, subject to acquiring the necessary permits.

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
€5,708 ($5,945)
If buying on joint names
€5,708 ($5,945)
Transfer fees
If buying as an individual
€112,600 ($117,287)
If buying on joint names
€109,200 ($113,745)

Disclaimer - Property reference 1650110. 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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