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Pay in USD and save up to $24,351This asset is a commercial space formerly used as a restaurant in Makedonitissa, Nicosia.
The asset is adjacent to Hadjigeorgaki Kornesiou Street, c. 70m north of the Cyprus Expo, c. 700m north of Makario Stadium, and c. 185m west of Ilia Papakyriakou Avenue.
The asset comprises a 272sqm ground floor, consisting of an open-plan dining area, kitchen, and storeroom, and a 253sqm basement that includes parking spaces, storeroom, toilets, and a staff locker room. In the basement, there is also a 54sqm auxiliary space. Access to the basement is via an internal staircase and an external ramp. Also, an uncovered area of 70m2.
The immediate area of the asset comprises residential developments and numerous commercial developments.
The asset falls within residential planning zone Κα5, with a building density coefficient of 100%, a coverage coefficient of 50%, 3 floors, and a maximum height of 13.5 m.
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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