1500m² Building for Sale in Strovolos, Nicosia District

Strovolos, Nicosia district Posted 3 years ago Updated 6 months ago

1,500 m²Covered area

1,150 m²Plot

Pre-OwnedCondition

YesParking

Parking

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Smart Assets Agency · R.N.:1109 L.N.:317/E 3,004 for sale

About this home

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Reference ID: #SA30015Price details: €1,025,000 +VATTwo-storey leasehold building with total area of 1.000 sq.m. plus basement of 500 sq.m.Lease expires on 30/11/2047 with option for renewal for another 33 years.Very low annual lease payable to the Ministry of Energy, Commerce and Industry of €747 (paid up to 30/11/2022).The immediate area of the property is a well-developed industrial area with easy access to the Nicosia- Limassol motorway.

Reference: SA30015
Property type: Building
Plot area: 1,150 m²
Parking: Yes
Title deed: No Title

What it will really cost

Asking price€1,025,000

Title transfer fee ~€37,600

Title deedNo Title

Estimated total€1,062,600

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

How the price compares

54% below
average

At €683/m² compared with an average €1,500/m² across 129 similar listings — building in Nicosia.

Asking price per m²This home

Average €1,500 This home €683

€628€2,062€3,495

Location

Strovolos, Nicosia district

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Schools

The English School1.6 km
KouNuşma Language Center1.9 km
The English Nursery School2.1 km
The Senior School2.3 km
The Cyprus Institute Graduate School2.4 km

Shopping

Airports

Larnaca International Airport (LCA)36.1 km
Paphos International Airport91.8 km

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