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This 6 storey mixed use building with a built area of 3,205 sqm is located in a prestigious and advantageous location in Agios Dometios, Nicosia.
The building comprises of a basement, retail shops and storage space at the ground floor, and offices and apartments on the remaining floors.
The ground floor area comprises of four shops, the 1st floor of two offices and an apartment, the 2nd, 3rd, and 4th floor of four apartments on each floor and the fifth floor of one apartment.
The property is currently vacant.
The local area is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use.
The asset is located close to Kyriakou Matsi avenue, one of the busiest avenues of Agios Dometios, and enjoys good accessibility towards the Nicosia city and the surrounding areas.
The property is zoned as Eβ3 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24m.
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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