Ref. No. 20970 Warehouse
€850,000
No VAT
Nicosia Town
Nicosia
Warehouse
Commercial
366m²
Covered
Property Consultant
Gareth Ronweil
Property Description
The property is a commercial space located on the first floor of Galaxias Commercial Center in Makariou Avenue, Nicosia.
The property comprises of two unified units of 366sqm. The property has an open plan layout and includes a kitchen, storage rooms and toilets. The property enjoys the exclusive right of use of two parking spaces in the second basement.
The immediate area of the property is the main commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Along Makariou Avenue there are numerous shops, cafeterias and banks as well as offices for many companies and government agencies.
The property falls within planning zones ΠΕΖ with building density coefficient of 250% and coverage coefficient of 70%.
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 comprises of two unified units of 366sqm. The property has an open plan layout and includes a kitchen, storage rooms and toilets. The property enjoys the exclusive right of use of two parking spaces in the second basement.
The immediate area of the property is the main commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Along Makariou Avenue there are numerous shops, cafeterias and banks as well as offices for many companies and government agencies.
The property falls within planning zones ΠΕΖ with building density coefficient of 250% and coverage coefficient of 70%.
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
€32,208
BUYING AS AN INDIVIDUAL
€30,600 Transfer fees + €1,608 Stamp Duty
€28,808
BUYING ON JOINT NAMES
€27,200 Transfer fees + €1,608 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.
