Cyprus Real Estate Marketplace

1178m² Building for Sale in Strovolos, Nicosia District

  • Brand New
  • 1178m²
  • €1 800 000
  • + VAT
Price per m²
€1528/m²
VAT
Not Included in Price
VAT for this property is €309,912 (Reduced 5% rate) or €342,000 (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. #: VL33343
  • Plot area: 1930m²

Commercial building with 2 warehouses for sale in the industrial area of strovolos. The building consists of a ground floor and first floor. In the ground floor there is a big showroom area with a front desk a meeting room an office room and a book keeping area server room. In the first floor there are 5 seperate office rooms a small kitchenete and 2 WC s. Both floors are total of 430m2. 215m2 each floor There is underfloor heating in all areas with 2 zones and air condition system as well. Externally there are 2 big warehouses of double height totalling 748m2. There are big industrial shelves where the interest party can extent the storage area on an additional 500m2 approx. There are also 11 parking areas designated for the building camera system and alarm system. The property is free hold and is considered an excellent opportunity for investment. Title deed available.

  • Minucipality: Strovolos
  • District: Nicosia
  • €1 800 000
  • + VAT
Price per m²
€1528/m²
VAT
Not Included in Price
VAT for this property is €309,912 (Reduced 5% rate) or €342,000 (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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Total Monthly Payment: €7 494

Monthly Principal + Interest: €6 875

Loan-To-Value Ratio (LTV): 80%

DLS Loan Registration expense is 1.1% of the loan amount, which is €15 840.

Health and House Insurance, totaling 0.043% of the loan amount monthly, which is €619.

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