Ref. No. 21198 Shop

€165,000 No VAT
Nicosia Town Nicosia
Shop Commercial
101m² Covered
Sales Agent Stefanos Constantinou

Property Description

This property is a shop on the ground floor of the mixed-use building “Ithaki Court”, in Agios Andreas, Nicosia.

The property is adjacent to Agiou Pavlou Avenue and c. 425m east of the Nicosia race club.

The property has an area of 101sqm and comprises of an open plan retail area, kitchen and storage on the ground floor and open plan area and two toilets on the mezzanine level. The shop has ceramic flooring, double glazed windows, drywall partitions, false ceilings and split units installed. It benefits from the exclusive use of a parking space in the basement.

The property is in a commercial and residential area that offers all kinds of amenities and has direct access to Nicosia city centre.

The property falls within the commercial planning zone Εβ5, with building density coefficient of 120%, coverage coefficient 50%, in 3 floors and a maximum height of 13.5m.


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

Transfer Fees

€3,515
BUYING AS AN INDIVIDUAL
€3,275 Transfer fees + €240 Stamp Duty
€2,715
BUYING ON JOINT NAMES
€2,475 Transfer fees + €240 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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