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Location
- It is located on Makarios Avenue, which is one of the main arteries of Nicosia.
- It is 200 meters south of the intersection of Makariou III Avenue with Spyros Kyprianou and Digeni Akrita Avenues. (Traffic lights in front of the Lycavitos Police Station).
External Features
- Building of 9 floors, initially built in 1975 and renovated several times since.
- It consist of 2 shops on the ground floor and apartments on the upper floors.
- The external eastern section consists of 15 uncovered parking spaces and 1 covered.
Internal Characteristics
- Ground floor Facade: The front part of the ground floor consists of an open plan exhibition space and is used as open plan sales area for clothing, with a small kitchenette and sanitary area and a small mezzanine, which is used as a storage area. It was renovated about 6 years ago.
It has ceramic floors and the ceiling is covered with a false ceiling.
- Ground floor South Section: The entrance of the building is located here, which consist of a reception area, 2 lifts, an internal staircase leading to the upper floors and 1 bedroom apartment on a raised level. The floors and masonry in the entrance area are covered with fairly good quality marble.
- 1st floor: It consist of 2 2-bedroom apartments. Each one consists of living room, open plan dining room and kitchen, 2 bathrooms with toilet, 2 bedrooms, covered and uncovered verandas. They have parquet or mosaic marble floors.
- 2nd floor - 7th floor: It consists of 24 1-bedroom apartments. Each one consists of a living room, open plan dining room, kitchen, bathroom or shower room with toilet, 1 bedroom, covered and uncovered verandas. 8th floor: It consists of 1 big whole-floor apartment, with a living room and open plan dining room, kitchen with a rough dining area, maids room with a shower and a toilet, a bathroom, 3 bedrooms with the main one en-suite, covered and uncovered verandas.
Advantages - Special Features
- In the heart of the Commercial center of Nicosia, with large modern multi-storey building complexes with shops or exhibition spaces on the ground floor and offices or apartments on the upper floors.
- Easy access to the Nicosia Limassol highway.
- Near to many amenities and services.
- Title deeds available for all the units.
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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