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The asset is a commercial building in Strovolos municipality, Nicosia district. The asset is located on Strovolou Avenue, 800m north of Metro roundabout. The building comprises of a ground floor showroom of 550sqm with mezzanine showroom and offices of 275 sqm, a first floor office space of a 515sqm and a basement of 800sqm used as a parking area and storage space. The surrounding area of the asset is developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Strovolos Avenue is one of the main commercial roads of Nicosia and thus the asset benefits from excellent visibility. The shop enjoys great accessibility to the surrounding areas and Nicosia city centre. The asset falls within two planning zones: -Commercial planning zone Εβ3, with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m. -Residential planning zone Κα5, with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m. Owner: Zandexo Properties Ltd Reg. No.: 0/9313, 7/2485
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 829883. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.
