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The property under consideration is an industrial building with a basement located in the Kaimakli, Nicosia The property benefits from excellent visibility as it is situated on a corner position directly on the traffic lights of Andrea Zakou Avenue & Kolokotroni street cross. It consists of a ground floor area with a reception area, offices, conference room, server room, kitchen and toilet. The semi-basement consists of a unified workshop area, storage room, small office room and toilet. It is accessible via an external ramp. The asset is situated approximately 450m north of the roundabout 'SOPAZ' on Ammochostos Avenue. The property falls within Zone ΕΠ6, with a building coefficient of 0%, coverage of 0%, and permission for 0 floors (0m) of construction. There is a separate title deed for this property.
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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