Ref. No. 21070 Building
€4,250,000
No VAT
Nicosia Town
Nicosia
Building
Commercial
2157m²
Covered
1033m²
Plot
Sales Agent
Gareth Ronweil
Property Description
This property is a commercial building located in Nicosia’s city center, on the corner of Kritis and Stasandrou Street, c. 300m from Archebishop Makarios Avenue and c. 250m from Digeni Akrita Avenue.
The property consists of:
-Retail space: large ground floor showroom, four floors of exhibition areas with a separate staircase (of 872sqm) and a mezzanine (of 241sqm),
-Office space: four floors of offices (of 261sqm each),
-Basement: two levels with a total 33 parking spaces.
The building benefits of additional building density of c. 300 sqm.
The immediate area of the property is the commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use.
The property falls within planning zone EZ-κ with building density coefficient of 200%, coverage coefficient 60%, in 6 floors and a maximum height of 24m.
Owner: Senadaco Properties Ltd
The property is partially ocupied.
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
The property consists of:
-Retail space: large ground floor showroom, four floors of exhibition areas with a separate staircase (of 872sqm) and a mezzanine (of 241sqm),
-Office space: four floors of offices (of 261sqm each),
-Basement: two levels with a total 33 parking spaces.
The building benefits of additional building density of c. 300 sqm.
The immediate area of the property is the commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use.
The property falls within planning zone EZ-κ with building density coefficient of 200%, coverage coefficient 60%, in 6 floors and a maximum height of 24m.
Owner: Senadaco Properties Ltd
The property is partially ocupied.
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
Parking - 1 Covered
Transfer Fees
€175,008
BUYING AS AN INDIVIDUAL
€166,600 Transfer fees + €8,408 Stamp Duty
€171,608
BUYING ON JOINT NAMES
€163,200 Transfer fees + €8,408 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.
