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Listed ground floor shop comprising of an open plan area of approximately 86 sq.m. has frontage on two streets, Dionisou & Alkiviade, and is located approximately 100m northwest from Nicosia centre and 200m northeast from Faneromeni Church.
It is noted that the property is a listed building (1/ΣΠ/6/2004) and enjoys benefits, such as government grants for their restoration and maintenance, unexhausted building coefficient which can be sold and tax reliefs i.e. tax free rentals, subject to acquiring the necessary permits and approvals.
The property falls within Zone ΕΖ-εν, with a building coefficient of 160%, coverage of 70%, and permission for 3 floors (11.5m) of construction.
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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