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Mercury Group
For sale: hotel in Cyprus, Nicosia
- Cyprus, Nicosia
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Property description
ID: CY-35-1-148530
- Cyprus, Nicosia
Object type
Hotel
Land area
614 m2
Category
For sale
Price per m2
€ 863
Price
€ 530 000
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For sale building of 0 sq.meters in Nicosia. The building has one level. Three-storey residential building in Deneia, Nicosia. The property is a three-storey residential building in Deneia. It is located 130m from Agiou Charalambous church and 1.5km from Nicosia-Troodos highway. The property consists of a basement, a ground floor/mezzanine, and two upper floors. It has a covered area of 508sqm, a mezzanine of 110sqm, covered verandas of 36sqm and uncovered verandas of 13sqm. It is built within a plot of 614sqm. The ground floor includes two shops - one of which has a mezzanine and an apartment located in the western part of the building. Both shops have an open-plan layout, and there is a staircase leading to a mezzanine level that contains two offices. The first floor is unified and consists of an open-plan area, a toilet and a kitchen. On the second floor there are four apartments. All the apartments consist of an open plan area including a kitchen, dining room, sitting room, a separate bathroom and bedroom/s. The basement is used as a parking area. The property offers close proximity to amenities and easy access to the mountains.
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
614 m2
Category
For sale
Price per m2
€ 863
Price
€ 530 000
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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