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This property is situated on the sixth floor of a residential building in Agios Antonios, Nicosia, and is currently utilized as an office space.Spanning an area of 98 sqm, the asset features a functional layout comprising an open-plan office area, a kitchen, and a toilet. The interior is finished with ceramic tiles, and split-unit air conditioning is installed for climate control.The surrounding area is characterized by a mix of commercial and residential developments, providing a dynamic urban environment. Its location allows for seamless access to the center of Nicosia and nearby motorways, enhancing connectivity.The asset is subject to two planning zones:Commercial Planning Zone Εβ1: A building density coefficient of 200%, coverage coefficient of 50%, up to 10 floors, and a maximum height of 30m.Residential Planning Zone Κα3: A building density coefficient of 140%, coverage coefficient of 50%, up to 4 floors, and a maximum height of 17m.This property offers significant development potential in a prime urban location.
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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