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Mercury Group
For sale: hotel in Cyprus, Nicosia
- Cyprus, Nicosia
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Property description
ID: CY-35-1-124342
- Cyprus, Nicosia
Object type
Hotel
Land area
841 m2
Category
For sale
Price per m2
€ 1 486
Price
€ 1 250 000
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For sale building of 0 sq.meters in Nicosia. The building has one level. Residential building blocks in Agious Konstantinou & Elenis, Nicosia. The property is a 59% share of two incomplete residential buildings in Agioi Konstantinou kai Elenis quarter, Nicosia Municipality. It is located 700m from Landmark Hotel and 300m from Kallipoleos Avenue. The property is built within a land area of 841sqm and comprises two incomplete block of apartments with a total of 9 units, across two blocks Iris (East) and Rose (West). The property corresponds to the 1st, 2nd, 4th, 5th & 6th floors on Iris building and the 2nd floor on Rose building. It offers excellent proximity to amenities and Nicosia center.
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Nicosia
Object type
Hotel
Land area
841 m2
Category
For sale
Price per m2
€ 1 486
Price
€ 1 250 000
Currency calculator
From
To
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What you should know, purchasing a property in Cyprus
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
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Total property cost:
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