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The property for sale is a commercial building in a central location in Agioi Omologites Quarter in Nicosia Municipality. It is located on a main road and it is close to a variety of services and amenities such as shops, schools, supermarkets, restaurants, etc. In addition, it enjoys excellent access to the center of Nicosia.
The building has three floors and consists of (5) shops on the ground floor/mezzanine and a total of (6) offices on the upper floors. The total enclosed areas of the building amounts to 1288sq.m. (approx.) and 132sq.m. (approx.) for the mezzanine.
The property is rented to high quality tenants with a yield of 3.75%.
The asset has the potential to built additional m2
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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