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This asset is a shop on the ground floor of a commercial building in Dasoupoli. The asset is located near Marks Spenser and Akropolis park. It consists of a ground floor retail area, with kitchenette, of 143sqm and a mezzanine with office area, storage room and toilet, of c. 84sqm. The asset benefits from exclusive use of four parking spaces and a 30m facade on Athalassas Avenue.
The immediate area of the property comprises of commercial developments along Athalassas Avenue and residential developments in the side streets. Athalassas Avenue is a major commercial avenue that provides easy access to Nicosia city centre and the Nicosia - Limassol motorway. The asset falls within commercial planning zone Εβ3 with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
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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