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Six-storey buildinglocated in a central and popular location in Nicosia Municipality, in Agioi Omologites Quarter, at a distance of 220 meters (approx.) north of John Kennedy avenue and 430 meters (approx.) west of “Landmark” hotel (ex “Hilton”). It abuts on Gorgiou street on its northeastern boundary.The area of the property is characterized by residential and commercial developments. The property is situated close to plethora of services and amenities such as shops, banks, cafes restaurants etc. In addition, it has excellent access to the city centre.The building consists of 46 apartments with internal areas of 18-22 sq.m. Furthermore, the building consists of an elevator and uncovered parking spaces. The total area of the internal spaces is 877 sq.m (approx.) and the common spaces 153 sq.m (approx.). The building is vacant and it is considered as an ideal choice for investment.The property has architecturaldrawings for proposed develpment.
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.
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