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The asset is a 4-storey building with basement in Agios Antonios, Nicosia.
The building has an area of c. 866sqm and consists of a basement, shop on the ground floor, offices on the 1st and 2nd floors and a flat on the 3rd floor.
The basement is c. 188sqm, is used as a storage space and is accessed via a staircase from the ground floor shop.
The ground floor is 174 sqm and consists of a shop and an office. Staircases lead to the upper floors and the basement.
The 1st floor is 173 sqm and consists of 4 office areas, kitchenette and a toilet.
The 2nd floor is 170 sqm and consists of 2 office areas with ceramic tiles on parts of the walls and has a small balcony along the facade of the building.
The 3rd floor is 161 sqm and is an apartment that consists of a living area with a fireplace, kitchen, dining area, toilet, and 3 bedrooms. The apartment also has a balcony along the facade of the building.
The surrounding area consists of old buildings with shops on the ground floor and residential units on the upper floors.
The asset falls within residential planning zone Kα-α with a building density coefficient of 140%, coverage coefficient of 70%, in 2 floors and a maximum height of 8m.
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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