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This asset is a mixed-use building in Nempetchane quarter, within Nicosia’s old city walls.
The asset is located on the corner of Megalou Alexandrou and Palaion Patron Germanou Streets, c.250m north of Solomou square and c. 110m west of Ledras Street.
The asset has a total area of 601sqm. The ground floor has an area of 215sqm and comprises of six shops. The first and second floors have a total area of 332sqm and comprise of two two-bedroom apartments each. The third floor has one two-bedroom apartment of 54sqm. All five apartments consist of an open plan living/dining room, a hall, a kitchen, two bedrooms and a bathroom. One of the shops is currently occupied while the rest of the building is vacant.
The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial center of Nicosia.
The asset falls within planning zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.
Reg.No.: 1/158, 1/303, 1/161
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
This asset is a mixed-use building in Nempetchane quarter, within Nicosia’s old city walls.
The asset is located on the corner of Megalou Alexandrou and Palaion Patron Germanou Streets, c.250m north of Solomou square and c. 110m west of Ledras Street.
The asset has a total area of 601sqm. The ground floor has an area of 215sqm and comprises of six shops. The first and second floors have a total area of 332sqm and comprise of two two-bedroom apartments each. The third floor has one two-bedroom apartment of 54sqm. All five apartments consist of an open plan living/dining room, a hall, a kitchen, two bedrooms and a bathroom. One of the shops is currently occupied while the rest of the building is vacant.
The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial center of Nicosia.
The asset falls within planning zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.
Reg.No.: 1/158, 1/303, 1/161
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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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