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Pay in USD and save up to $16,707This asset is an office on the first floor of the building “J&P Makedon (Block A)” in Engomi, Nicosia.
The asset is located on the corner of Ilia Papakyriakou Avenue and Nikolaou Skoufa Street, at a distance of c. 170m south of 28th October Avenue and c. 200m northeast of the Cyprus International Exhibition.
The asset well sized first floor office of c. 165sqm and comprises of an open office space, kitchenette, two toilet rooms and a small storage room. It enjoys the use of a 46sqm covered balcony and a 74sqm uncovered balcony. It also enjoys the use of 3 parking spaces and a storage room of 15sqm in the basement.
The immediate area of the property is mainly developed with mixed use buildings, with retail units on the ground floor and offices or apartments on the floors above. Ilia Papakyriakou Avenue is a busy commercial street in Engomi which provides easy access to other areas of Nicosia.
The asset falls within two planning zones:
- Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17/14,3m.
- and Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.
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 asset is an office on the first floor of the building “J&P Makedon (Block A)” in Engomi, Nicosia.
The asset is located on the corner of Ilia Papakyriakou Avenue and Nikolaou Skoufa Street, at a distance of c. 170m south of 28th October Avenue and c. 200m northeast of the Cyprus International Exhibition.
The asset well sized first floor office of c. 165sqm and comprises of an open office space, kitchenette, two toilet rooms and a small storage room. It enjoys the use of a 46sqm covered balcony and a 74sqm uncovered balcony. It also enjoys the use of 3 parking spaces and a storage room of 15sqm in the basement.
The immediate area of the property is mainly developed with mixed use buildings, with retail units on the ground floor and offices or apartments on the floors above. Ilia Papakyriakou Avenue is a busy commercial street in Engomi which provides easy access to other areas of Nicosia.
The asset falls within two planning zones:
- Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17/14,3m.
- and Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.
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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