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Pay in USD and save up to $24,601This asset is a commercial space formerly used as a restaurant in Makedonitissa, Nicosia.
The asset comprises of a 272sqm ground floor consisting of an open plan dining area, kitchen and storeroom and a 253sqm basement that consists of parking spaces, storeroom, toilets and 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.
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.
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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