Ref. No. 22007 Building

€765,000 No VAT
Nicosia Town Nicosia
Building Commercial
522m² Covered
Sales Agent Stefanos Constantinou

Property Description

This property is a restaurant on the ground floor of the mixed-use building “Klimentos Tower” in Agios Antonios, Nicosia.

The property is adjacent to Klimentos Street, c. 30m north of Digeni Akrita Avenue and c. 300m east of Makariou Avenue.

The property comprises of a 230sqm ground floor, a 176sqm mezzanine and a 116sqm basement. There is also a studio apartment of 38sqm on the mezzanine level. It has an exclusive right of use of a 122sqm yard, 11 uncovered parking spaces on the ground floor and one parking space in the basement.

The immediate area of the property is the commercial center of Nicosia that comprises of commercial and mixed-use developments.


Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 26/05/2023.

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
Parking - 1 Uncovered

Transfer Fees

€28,638
BUYING AS AN INDIVIDUAL
€27,200 Transfer fees + €1,438 Stamp Duty
€25,238
BUYING ON JOINT NAMES
€23,800 Transfer fees + €1,438 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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