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The asset is a three-storey mixed-use building named "P.Z.A. Court" in Agios Fanourios quarter, Aradippou. It is located on a corner plot along Ellados and Eleftherias avenues, 500m from the industrial area of Aradippou, providing high visibility. The building was constructed in 2009. It comprises a showroom with mezzanine on the ground floor and four apartments on the upper floors, while the basement consists of covered parking spaces. The showroom comprises an open space and five storage rooms on the ground floor, while the mezzanine includes an open-plan space with storage room. The first and second floors are identical and comprise two apartments each. Currently, two are vacant and two are occupied used as offices. The property is close to retail stores, showrooms, supermarkets, schools and a college. It is an ideal investment opportunity offering high-income generation. Energy Performance Classifications for shops: Energy Class C Energy Performance Classifications for apartments: Energy Class D
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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