Ref. No. 20993 Shop

€115,000 No VAT
Nicosia Town Nicosia
Shop Commercial
36m² Covered
Sales Agent Stefanos Constantinou

Property Description

This property is a shop (No.8) on the ground floor of commercial building “AKRITAS TOWER” in Agios Antonios, Nicosia.

The property is located c. 700m southwest of Larnakos and Digeni Akrita Avenues junction, c. 530m east of Archbishop Makariou and Digeni Akrita Avenues junction and c. 310m south of Nicosia’s old city walls.

The property comprises of an 36sqm open plan retail area, a 18sqm mezzanine with a toilet and a 36sqm basement. The property has shared rights of use of three uncovered parking spaces on the ground floor.

The immediate area is mainly developed with commercial buildings such as office buildings, shops and showrooms as well as many apartment buildings. Digeni Akrita Avenue is established as one of the busiest streets in Nicosia and provides easy access to all areas of Nicosia.

The property falls within the EΖ-Κ planning zone, with building density coefficient 200%, coverage coefficient 60%, 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

€2,190
BUYING AS AN INDIVIDUAL
€2,025 Transfer fees + €165 Stamp Duty
€1,890
BUYING ON JOINT NAMES
€1,725 Transfer fees + €165 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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