€265,000 $275,812
Mesitis Real Estate
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Pay in USD and save up to $9,653Key features
- Listing ID: 1583858 (37771)
Description
Excellent investment opportunity. Ground floor shop with mezzanine in the Municipality of Strovolos, Nicosia district.
It is an area with commercial activities due to its proximity to facilities and services but also its accessibility.
The building was erected in the year 2004. It consists of shops & offices on the ground floor and apartments on the upper floors.
The store consists of a single space on the ground floor. The mezzanine consists of 43 sq.m of kitchen and toilet. It is noted that the property has the exclusive right to use two covered parking spaces. The store has an interior area of about 122 sq.m.
The property has an independent title deed.
The property is rented for €1200/month with a yield of 5.5%.
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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