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The property consists of two shares of adjacent fields with a frontage on Larnakos Avenue, one of the busiest streets in Nicosia. These two shares today comprise one commercial & Residential plot 'under separation' with all necessary permits. The area provides good access to the central business district via Digeni Akrita Avenue and Ammochostos Avenue. The Alsos Akademias Park is located roughly 200 meters away and 400 meters away from the BMH Military Barracks. The wider area consists mainly of residential and commercial buildings. The final plot will have a regular shape and flat surface and a total frontage of approximately 150 meters. The property enjoys a corner position and excellent visibility. The wider area consists of residential and commercial buildings such as showrooms and office spaces, universities, petrol stations.
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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