Ref. No. 20954 Shop

€840,000 No VAT
Nicosia Town Nicosia
Shop Commercial
430m² Covered
Property Consultant Gareth Ronweil

Property Description

This property is a shop on the ground floor of a seven-storey building in Agios Antonios, Nicosia.

The property is located in Nicosia’s city center, on the corner of Stasinou Avenue and Theokritou Street.

The property comprises of:

-a 291sqm ground floor consisting of an open-plan space, toilets and a kitchen.

-a 139sqm mezzanine consisting of an open-plan space and two offices.

-a 414sqm basement consisting of an open-plan workshop, refrigerators and storage rooms.

-and a 124sqm uncovered veranda on the first floor.

The immediate area of the property comprises of residential and commercial developments. It enjoys good accessibility towards the center of Nicosia and Nicosia-Limassol motorway via Lemesou Avenue.

The property falls within planning zone ΕΖ-κ, with building density coefficient of 200%, coverage coefficient 60%, in 6 floors and a maximum height of 24m.

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

€31,788
BUYING AS AN INDIVIDUAL
€30,200 Transfer fees + €1,588 Stamp Duty
€28,388
BUYING ON JOINT NAMES
€26,800 Transfer fees + €1,588 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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