Ref. No. 21206 Building

€622,000 No VAT
Nicosia Town Nicosia
Building Commercial
430m² Covered
642m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property is a residential building with two apartments in Palouriotissa, Nicosia.

The building is adjacent to Efesou Street on its southwest boundary and is located 240m east of Agiou Andreou Street and 2,4km northeast of Nicosia city centre.

The building consists of two three-bedroom apartments. The ground floor apartment has an area of 210sqm and comprises of an open plan living room, dining room and bar, an open plan kitchen with dining area and living room, a laundry room, a guest toilet, three bedrooms (one of which is en-suite with walk in closet) and a bathroom. The first floor apartment has an area of 220sqm and comprises of an open plan living/dining room with a fireplace and a bar, an open plan kitchen with dining/sitting area and a fireplace, a laundry room, a bathroom, a guest toilet and three bedrooms (one of which is en-suite with walk in closet). Double-glazed windows, central heating and split units are installed in both apartments. On the east side of the building there is a separate building with a shower/toilet room and a kitchenette while on the north side a secondary building exists comprising of a bedroom and a shower room.

The immediate area of the property comprises of residential developments such as houses and apartment buildings. The property enjoys good accessibility to the wider area due to its close proximity to Agiou Andreou Street.

The property falls within 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

Transfer Fees

€22,632
BUYING AS AN INDIVIDUAL
€21,480 Transfer fees + €1,152 Stamp Duty
€19,232
BUYING ON JOINT NAMES
€18,080 Transfer fees + €1,152 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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