Ref. No. 22120 Shop

€905,000 No VAT
Nicosia Town Nicosia
Shop Commercial
851m² Covered
Sales Agent Stefanos Constantinou

Property Description

This property is a shop on the ground floor of the building “Stella Complex” in Kaimakli, Nicosia.

The property is located on Kantaras Avenue, c. 640m southwest of “BATA” roundabout and c. 350m east of Frederick University.

The property comprises of a ground floor of 574sqm, a 277sqm mezzanine and a basement of 311sqm. It features an open plan area, offices, kitchenette, storage areas, sanitary areas and an IT Room. The property also benefits from 829sqm of parking space in the basement.

The immediate area of the property is mainly developed with mixed use buildings, with retail units on the ground floor and offices or apartments on the floors above while Kantaras Avenue provides easy access to other areas of Nicosia.


Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 11/08/2023.

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

Transfer Fees

€34,518
BUYING AS AN INDIVIDUAL
€32,800 Transfer fees + €1,718 Stamp Duty
€31,118
BUYING ON JOINT NAMES
€29,400 Transfer fees + €1,718 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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