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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 asset is located at a distance of 275m northeast of the Kolokasides round-about, opposite Egkomi Industrial area and circa 400m west of Kyriakou Matsi avenue and Dimokratias avenue traffic light junction. 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 a flat, the 2nd, 3rd, and th floor of four flats on each floor and the fifth floor of one floor. 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. All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
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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