Ref. No. 20981 Shop

€860,000 No VAT
Strovolos Acropolis
Shop Commercial
385m² Covered
Property Consultant Gareth Ronweil

Property Description

This property is a shop on the ground floor and an office on the first floor of a commercial building in Dasoupoli.

The property is located on Athalassas Avenue, c. 300m east of the Athalassas and Acropoleos Avenues junction.

The property consists of:
- The ground floor shop of 214sqm comprising of an open plan space with auxiliary areas and mezzanine of 75sqm.
- The first floor office of 96sqm comprising of an open plan space with reception area and hygiene facilities with separate entrance.
- The basement of 150sqm comprising of an open plan storage space. Access to the basement is obtained both from the shop on the ground floor as well as the parking area.

The property benefits from the exclusive use of two parking spaces in the basement, one covered and three uncovered parking spaces on the ground floor.

The immediate area of the property comprises of commercial developments along Athalassas Avenue and residential developments in the side streets. Athalassas Avenue is a major commercial avenue that provides easy access to Nicosia city centre and the Nicosia - Limassol motorway.

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 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

€32,628
BUYING AS AN INDIVIDUAL
€31,000 Transfer fees + €1,628 Stamp Duty
€29,228
BUYING ON JOINT NAMES
€27,600 Transfer fees + €1,628 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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