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The property under consideration relates to a shop situated in Kaimakli, Nicosia.
The shop No.8 with mezzanine occupies the southeast part of the ground floor of the building.
The ground floor consists of an open plan area / customer service area and sanitary facilities. The mezzanine consists of an auxiliary / storage space.
Furthermore the shop has an exclusive right of a parking space with no.29 on the ground floor.
The shop is currently rented producing 5.6% ROI until 20/10/2026.
The asset is located approx. 100m northeast from the Gymnasium of Pallouriotissa, approx. 330m northeast from the second Technical school of Nicosia, approx. 300m northwest from the A' primary school of Pallouriotissa, approximately. 1.1klm northwest from the G' primary school of Pallouriotissa and approx.480m northwest from the church of Panagia Evangelistria.
The property falls within a duel Zone Κα3 (26%), with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction and Zone Εβ4 (74%) , with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.
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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