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Τhe property is a shop on ground floor with mezzanine, of a 4-storey mixed use building.
It comprises of a reception area, open space with offices, separate offices, safe room and other auxiliary spaces. The mezzanine comprises of an open spaces with offices, a separate office, toilets, kitchen and server room.
The asset is located approx. 2.3km from the motorway and approx. 600m from Strovolos, Nicosia.
The property falls within a duel Zone Κα3 (20%), with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction
and Zone Eβ3 (80%), with a building coefficient of 160%, coverage of 50%, and permission for 6 floors (24m) 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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