Ref. No. 20897 Building

€440,000 No VAT
Nicosia Town Nicosia
Building Commercial
405m² Covered
538m² Plot
Sales Agent Gareth Ronweil

Property Description

This property is a listed mixed-use building in Agios Andrea’s quarter, within Nicosia’s old city walls.

The property is adjacent to Ouzounian Street, c.800m north of Solomou square and c.250m west of Ledras Street.

The property has an area of 405sqm and comprises of five shops on the ground floor and two four-bedroom apartments on the first floor. The building was constructed with traditional stone on the exterior walls and has an inclined roof covered with shingles.

The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.

The property falls within planning zone Kα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.

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

Transfer Fees

€14,988
BUYING AS AN INDIVIDUAL
€14,200 Transfer fees + €788 Stamp Duty
€11,588
BUYING ON JOINT NAMES
€10,800 Transfer fees + €788 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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