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Mercury Group
For sale: hotel in Cyprus, Nicosia
- Cyprus, Nicosia
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Property description
ID: CY-35-1-146803
- Cyprus, Nicosia
Object type
Hotel
Land area
4627 m2
Category
For sale
Price per m2
€ 177
Price
€ 820 000
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For sale building of 0 sq.meters in Nicosia. The building has one level. Residential complex in Latsia, Nicosia. The property concerns a share (86%) of two parcels. The share corresponds to two incomplete maisonettes (no. 7 and no. 14) and four vacant plots (maisonettes no. 4, 9, 10 & 11). The maisonettes are two-storey and are part of the residential development known as "Carisa Latsia Homes", in Agios Georgios, Latsia Municipality. The complex is located 230m from GSP stadium and 180m from Nicosia - Limassol highway. The complex comprises a total of 14 two-storey houses, some equipped with swimming pools. Units 7 & 14 are partly completed. Maisonettes with no. 4, 9, 10, 11 will consist of an open plan kitchen/ living room at the ground floor and four bedrooms (one with en-suite) on the 1st floor. The houses have the below areas: House 4: Internal area 185sqm, covered verandas 8sqm and uncovered verandas 37sqm
House 7: Internal area 158sqm, covered verandas 4sqm and uncovered verandas 34sqm
House 9: Internal area 185sqm, covered verandas 25sqm and uncovered verandas 37sqm
House 10: Internal area 188sqm, covered verandas 5sqm and uncovered verandas 37sqm
House 11: Internal area 188sqm, covered verandas 5sqm and uncovered verandas 37sqm
House 14: Internal area 144sqm, covered verandas 8sqm and uncovered verandas 36sqm There is a distribution agreement in place.
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
4627 m2
Category
For sale
Price per m2
€ 177
Price
€ 820 000
Currency calculator
From
To
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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