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Pay in USD and save up to $15,123This asset is a bar in Agios Ioannis quarter within the walls in old Nicosia.
The asset consists of two residential buildings which were unified and converted into a bar.
The ground floor consists of an entrance/reception area with dressing room, open plan bar/dining area, kitchen, storage room, male and female toilets and courtyards. The first floor is accessed both internal and external staircases and comprises of open plan office.
The buildings were constructed in c. 1908 using traditional materials such as stone and adobe walls, have inclined roofs covered with shingles.
The immediate area of the property is the within the walls Nicosia comprising of listed buildings.
The asset falls within planning zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.
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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