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Pay in USD and save up to $132,295This four storey commercial building is situated in a prime location in Engomi, Nicosia. The asset is located on Ayiou Nikolaou Street (a service road of Griva Digeni Avenue) in a prominent part of Engomi.
The property consists of basement used as a parking space (c. 817 sqm), ground floor (c.433 sqm) used as a coffee shop, a mezzanine used as auxiliary space (c. 220 sqm) on the ground floor and two upper floors (c. 400 sqm and 350 sqm respectively) for use as offices.
The total land area of the property is 1.590 sqm with a total built area of 2.227 sqm.
The area is densely populated with mainly middle to upper income residential units. Ayios Nicolaos within Engomi is characterised mainly as a commercial area with numerous shops, showrooms and cafeterias.
The property falls within the following two Planning Zones:
Commercial zone Εβ3 with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 6 floors and 20,4m height.
Residential zone Κα4 with a maximum building density coefficient of 120% and a land coverage coefficient of 50% over 3 floors and 13m height.
Owner: Dentorio Properties Ltd
EPC: Pending Energy Certificate
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
This four storey commercial building is situated in a prime location in Engomi, Nicosia. The asset is located on Ayiou Nikolaou Street (a service road of Griva Digeni Avenue) in a prominent part of Engomi.
The property consists of basement used as a parking space (c. 817 sqm), ground floor (c.433 sqm) used as a coffee shop, a mezzanine used as auxiliary space (c. 220 sqm) on the ground floor and two upper floors (c. 400 sqm and 350 sqm respectively) for use as offices.
The total land area of the property is 1.590 sqm with a total built area of 2.227 sqm.
The area is densely populated with mainly middle to upper income residential units. Ayios Nicolaos within Engomi is characterised mainly as a commercial area with numerous shops, showrooms and cafeterias.
The property falls within the following two Planning Zones:
Commercial zone Εβ3 with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 6 floors and 20,4m height.
Residential zone Κα4 with a maximum building density coefficient of 120% and a land coverage coefficient of 50% over 3 floors and 13m height.
Owner: Dentorio Properties Ltd
EPC: Pending Energy Certificate
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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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