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This is a huge investment opportunity.An iconic 8 level building right in the heart of Nicosia consisting of 17 units.At the ground-floor there are 5 shops, some in very good condition, and some in the need of renovation.Also at ground-floor and 1st floor, there is a 650sqm of office space, suitable for a variety of purposes.Floors 2, 3, 4, 5 and 6 feature 2 apartments each (a 2-bedroom and a 3-bedroom) and at the 7th floor, there is a 336sqm penthouse. Most of the apartment would benefit from a renovation.The views from the higher levels of the building are magnificent.The whole building adds up to 2,329sqm of internal areas.The building features a clear title deed and a final approval by the municipality.
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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