Cyprus Real Estate Marketplace

3000m² Building for Sale in Nicosia District

  • Brand New
  • 3000m²
  • €3 500 000
  • + VAT
Price per m²
€1167/m²
VAT
Not Included in Price
VAT for this property is €640,500 (Reduced 5% rate) or €665,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Ref. #: VL31248
  • Plot area: 939m²
  • Energy Efficiency: C

This asset is a commercial building located on the corner of Makariou Avenue and Arnaldas Street Nicosia. The building comprises of five shops on the ground floor and four floors of offices and a basement. All five shops are occupied while the four floors are vacant. 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 asset falls within planning zone ΠΕΖ Εκτος with building density coefficient of 250 coverage coefficient 70 .

  • District: Nicosia
  • €3 500 000
  • + VAT
Price per m²
€1167/m²
VAT
Not Included in Price
VAT for this property is €640,500 (Reduced 5% rate) or €665,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Agency
  • R.N.:693 L.N.:365/E
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