Ref. No. 21096 Building

€557,000 No VAT
Agios Dometios Agios Georgios
Building Commercial
330m² Covered
619m² Plot
Property Consultant Gareth Ronweil

Property Description

This property is commercial building in Agios Dometios, Nicosia.

The property is adjacent to Gregori Afxentiou Avenue, c. 195m east of Agiou Georgiou church and c. 720m southeast of the Nicosia Horse Racing Club.

The property comprises of:
-A shop of 115sqm with a 56sqm mezzanine.
-A shop of 58sqm with a 29sqm mezzanine.
-A shop of 72sqm.

The immediate area of the property comprises of commercial developments along Gregori Afxentiou Avenue and residential developments in the side streets. The area enjoys easy access to the centre of Nicosia.

The property falls within commercial planning zone Εβ3, with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.

All three shops are currently occupied.
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

€19,902
BUYING AS AN INDIVIDUAL
€18,880 Transfer fees + €1,022 Stamp Duty
€16,502
BUYING ON JOINT NAMES
€15,480 Transfer fees + €1,022 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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