Ref. No. 20940 Apartment

€170,000 No VAT
Nicosia Town Nicosia
Apartment Apartments
2 Bedrooms
98m² Covered
Sales Agent Stefanos Constantinou

Property Description

This property is an apartment (No.61) used as an office, on the sixth floor of “Democritos 2” in Agios Antonios, Nicosia.

The property is located on the corner of Makariou Avenue and Ioanni Clerides Street and c. 300m northwest of Landmark hotel.

The property has an area of 98sqm and consists of an open plan office area, a kitchen and a toilet. Ceramic tiles and split units are installed.

The immediate area of the property comprises of commercial and residential developments. It enjoys easy and direct access to the center of Nicosia and the motorway.

The property falls within two planning zones:

-commercial planning zone Εβ1 with building density coefficient of 200%, coverage coefficient 50%, in 10 floors and a maximum height of 30m.

-residential planning zone Κα3 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17m.


All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.

Property Features

No VAT
Open Kitchen

Transfer Fees

€3,648
BUYING AS AN INDIVIDUAL
€3,400 Transfer fees + €248 Stamp Duty
€2,798
BUYING ON JOINT NAMES
€2,550 Transfer fees + €248 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
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