Ref. No. 21090 Building

€555,000 No VAT
Nicosia Town Nicosia
Building Commercial
444m² Covered
265m² Plot
Sales Agent Gareth Ronweil

Property Description

This property is a three-storey residential building with basement in the Agioi Constantinou and Elenis area of Nicosia.

The property is adjacent to Onisilou Street on its east boundary. It is located at a distance of 240m west of Larnakos Avenue, 700m east of Stasinou Avenue and 300m northwest of Agioi Constantinou and Elenis cemetery.

The building has an internal area of c. 444sqm and comprises of an open plan living/dining room, a kitchen, a guest WC, two bedrooms and a bathroom, on the ground floor, a living room, a dining room, a guest WC and a kitchen with a secondary dining room, on the first floor and four bedrooms (one of which is en-suite with walk in closet) and a bathroom, on the second floor. The basement comprises of a lobby, a conference room, a kitchen with secondary dining room, a bathroom and two bedrooms (one of which is en-suite). The roof is used as barbeque area and garden.

The wider area of the property comprises of residential developments and enjoys easy access to Nicosia city centre due to its close proximity to Larnakos Avenues.

The property falls within planning zone Kα3, 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

Transfer Fees

€19,818
BUYING AS AN INDIVIDUAL
€18,800 Transfer fees + €1,018 Stamp Duty
€16,418
BUYING ON JOINT NAMES
€15,400 Transfer fees + €1,018 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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