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The asset is a commercial mixed-use building in Egkomi. It is adjacent to Agamemnonos street, 90m from Griva Digeni Avenue and 170m from Hilton Nicosia hotel. The asset is built within a land area of 642sqm and has a total covered area of 1,732sqm. The building consists of a shop on the ground floor (300sqm), a mezzanine (185sqm), three office floors (300 sqm each) and a basement (470sqm) with parking spaces and storages. The whole building is rented with an attractive yield, with floors 1 to 3 being rented by Government Services. Egkomi is an area that has recorded strong growth in recent years with the development of universities, campuses, hotels, shopping mall, casino, supermarkets, restaurants and cafes. Energy Performance Certificate (EPC) for the shop on the ground floor: Energy Class C Energy Performance Certificate (EPC) for offices: Energy Class D
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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