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A six-storey building, which is located in the parish of Kaimakli, of the Municipality of Nicosia in the province of Nicosia.
This is an area that has consistently shown a high demand for housing due to its proximity to all kinds of services and amenities.
The building began to be constructed in 2012, while work has been remained stable for a long time.
It is consisted by a basement cellar, a shop on the ground floor with a mezzanine, eight 2-bedroom apartments, eight 1-bedroom apartments and four 3-bedroom apartments. According to the architectural plans, the basement will consist of warehouses, a loading and unloading area and parking spaces. The shop will consist of a single room, small kitchen and 4 sanitary areas.
The building has a shop area of 251 sq.m., a mezzanine area of 129 sq.m., two vertical floors of 1,410 sq.m. now 389 sq.m. covered terraces. The area of the plot amounts to 1,004 sq.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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