€3,605,000 $4,026,966
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Pay in USD and save up to $140,944Key features
- Listing ID: 1511649 (28525)
- Plot: 1615 sqm
Description
Mixed use building in Engomi, Nicosia.
The asset comprises of a ground floor showroom of 516sqm with a 376sqm mezzanine, three additional floors of 510sqm, 364sqm and 429sqm and a basement of 652sqm. The shop has a large storefront and can accommodate many retail uses.
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. It is situated in 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.
EPC: Energy Class C for the ground floor and Energy Class E for the floors.
Buying expenses
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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