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Commercial Shop in Makedonitissa, Engkomi, Nicosia. The property is located in the center of Nicosia, with all amenities to be sited near. It is 5 minutes’ drive to Cyprus Expo and to Makarios Stadium.
The shop was built in 1979 and it was partially renovated in 2001. The property has a total are of 523 sq.m, comprising a 272sq.m. ground floor and a 253sq.m. of basement. The asset also has 30sq.m. of covered veranda and 55sq.m. of mezzanine area.
The immediate area of the asset comprises of residential developments and numerous commercial developments. The asset falls within residential planning zone Κα5 with building density coefficient of 100%, coverage coefficient of 50%, in 3 floors and a maximum height of 13,5m.
Tittle Deed available.
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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