Ref. No. 20845 Building

€406,000 No VAT
Nicosia Town Nicosia
Building Commercial
265m² Covered
348m² Plot
Property Consultant Gareth Ronweil

Property Description

This property is a semi-detached building in Tahtakale quarter within the walls of Nicosia.

The property is located on Athinas Street, c. 90m southeast of Chrysaliniotissa Church, c. 860m northeast of Ledras Street junction and c. 900m northeast of “OXI” roundabout.

The property benefits from a road frontage of 15m and comprises of a ground floor of c.130sqm and a semi -basement of c. 135sqm. The semi-basement enjoys the use of an internal yard.

The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.

The property is currently partially occupied.

The property falls within planning zone Κα with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.

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

€13,560
BUYING AS AN INDIVIDUAL
€12,840 Transfer fees + €720 Stamp Duty
€10,160
BUYING ON JOINT NAMES
€9,440 Transfer fees + €720 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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