Ref. No. 21020 Warehouse

€285,000 No VAT
Mitsero Nicosia
Warehouse Commercial
464m² Covered
2232m² Plot
Property Consultant Gareth Ronweil

Property Description

This property is a commercial space formerly used as a restaurant in Mitsero, Nicosia.

The property is located c. 60m south of the Mitsero - Ayia Marina road and c. 520m south of the centre of Mitsero village.

The main building has an area of c. 338sqm. It consists of a dining area, stage, toilets, kitchen, bar, storage spaces and staff changing rooms with toilets. Along the south border a canopy on a metal frame was placed. On the north side of the building a metal-frame extension of c. 84sqm was constructed and used as additional dining area.

On the southwest border of the field there is an auxiliary structure of c. 22sqm, mainly used as storage space. A shed was also constructed to cover the barbeque areas.

On the southeast border a small metal-frame building exists of c. 20sqm.

The outdoor area of the building consists of landscaping, playgrounds and paving.

The immediate area of the property comprises of residential developments and undeveloped parcels of land.

The property falls within residential planning zone H2 with building density coefficient of 90%, coverage coefficient of 50%, in 2 floors and a maximum height of 8,3m.

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
Parking - 1 Uncovered
Separate Kitchen

Transfer Fees

€8,478
BUYING AS AN INDIVIDUAL
€8,000 Transfer fees + €478 Stamp Duty
€5,903
BUYING ON JOINT NAMES
€5,425 Transfer fees + €478 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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