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This asset is a shop on the ground floor of a commercial building in Agios Antonios, Nicosia.The asset comprises of a 35sqm open plan ground floor with a toilet and a 16sqm mezzanine. The asset enjoys the exclusive rights to utilize the c. 766sqm unused building density onto the vacant area of the plot and the roof of the existing commercial building.The immediate area of the property comprises of residential developments, as well as commercial developments along Kallipoleos Avenue. It enjoys excellent access to both the center of Nicosia and the motorway. The asset falls within residential planning zone Κα3 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17m.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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