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The property is a three-storey commercial building with a basement in Agios Nikolaos. It abuts on Kessarias and Agios Georgios Makris street, 200m from Faneromenis avenue and 300m from Drosia Elementary school. The building comprises a shop on the ground floor (occupied), a mezzanine and a basement which is used for the needs of the shop. The first floor consists of one 2 bedroom and one 3 bedroom apartment. The second floor consists of one 2 bedroom and one 3 bedroom apartment. All apartments are vacant. The building has a covered area of 723sqm, 139sqm covered verandas, 166sqm mezzanine and 323sqm basement. It is built within a land area of 651sqm. It offers great proximity to shops, restaurants, and more. The building is 10min away from Larnaca's Marina and the famous Finikoudes beach. The immediate area of the asset comprises of similar mixed-use and residential developments.
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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