Ref. No. 20784 Shop

€145,500 No VAT
Nicosia Town Nicosia
Shop Commercial
55m² Covered
Sales Agent Stefanos Constantinou

Property Description

The property is a shop part of a 6 storey commercial building named “Liliana Court”. It is located on Kyriakou Matsi Avenue a short distance east of the intersection of Spyrou Kyprianou Avenue and Kyriakou Matsi Avenue (Gavriilides intersection).

The property comprises of one shop with a total covered area of 55sqm and a mezzanine of 52sqm on the ground-floor of the building. The property enjoys use of the building's 30 parking spaces.

Kyriakou Matsi Avenue is established as one of the busiest streets in Nicosia with mixture residential and commercial properties. Most local buildings consist of shops, restaurants and showrooms on the ground floor and offices or apartments on the upper floors. The property enjoys easy access to the wider city of Nicosia and the surrounding areas.

The property falls within the Eβ3 commercial planning zone, with building density coefficient 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
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

€2,999
BUYING AS AN INDIVIDUAL
€2,788 Transfer fees + €211 Stamp Duty
€2,394
BUYING ON JOINT NAMES
€2,183 Transfer fees + €211 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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