Ref. No. 23510 Building

€300,000 No VAT
Nicosia Town Nicosia
Building Commercial
252m² Covered
97m² Plot
Sales Agent Gareth Ronweil

Property Description

This property is a commercial building, that was used as a restaurant, in Nempetchane, in within the walls Nicosia.

The property is located on the corner of Alexander the Great and Perikleous Street, c. 80m west of Ledras Street and c. 340m northwest of Elethferias Square.

The property comprises of:

-The basement of c. 84sqm, comprising of a wine cellar, walk in refrigerator, storage space and staff toilet.

-The ground floor of c. 82sqm, comprising of a kitchen and three dining areas.

-The first floor of c. 86sqm comprising of a dining area and guest toilets.

There is also a terrace of c. 48sqm.

All levels are connected via an elevator and a staircase.

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 the traditional commercial center of Nicosia.


All urban features must be checked with the proper authorities. The Seller has the right to re-view the selling prices without any prior notice.

Property Features

No VAT

Transfer Fees

€9,108
BUYING AS AN INDIVIDUAL
€8,600 Transfer fees + €508 Stamp Duty
€6,308
BUYING ON JOINT NAMES
€5,800 Transfer fees + €508 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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