Ref. No. 20915 Building
€800,000
Plus VAT
Malounta
Nicosia
Building
Commercial
1537m²
Covered
1845m²
Plot
Property Consultant
Gareth Ronweil
Property Description
This property is a share of an incomplete mixed-used building in Malounta, Nicosia.
The property is adjacent to the Malounta Arediou road, c. 100m west of Malounta community council and c. 150m northwest of Panayia Chrisopantanassa church.
The property comprises of eight incomplete shops with mezzanine on the ground floor and eight incomplete apartments on the first floor. There are also 32 parking spaces in the back of the building.
The wider area of the property comprises of residential developments that enjoys easy accessibility towards Nicosia.
The property falls within residential planning zone H1, with building density coefficient of 120%, coverage coefficient of 70%, in 3 floors and a maximum height of 11,4m.
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice
The property is adjacent to the Malounta Arediou road, c. 100m west of Malounta community council and c. 150m northwest of Panayia Chrisopantanassa church.
The property comprises of eight incomplete shops with mezzanine on the ground floor and eight incomplete apartments on the first floor. There are also 32 parking spaces in the back of the building.
The wider area of the property comprises of residential developments that enjoys easy accessibility towards Nicosia.
The property falls within residential planning zone H1, with building density coefficient of 120%, coverage coefficient of 70%, in 3 floors and a maximum height of 11,4m.
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
Parking - 1 Covered
Parking - 1 Uncovered
Plus VAT
Transfer Fees
€30,108
BUYING AS AN INDIVIDUAL
€28,600 Transfer fees + €1,508 Stamp Duty
€26,708
BUYING ON JOINT NAMES
€25,200 Transfer fees + €1,508 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.
