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This asset is a shop on the ground floor of a seven-storey building in Agios Antonios, Nicosia.The asset comprises of:-a 291sqm ground floor consisting of an open-plan space, toilets and a kitchen.-a 139sqm mezzanine consisting of an open-plan space and two offices.-a 414sqm basement consisting of an open-plan workshop, refrigerators and storage rooms.-and a 124sqm uncovered veranda on the first floor.The immediate area of the property comprises of residential and commercial developments. It enjoys good accessibility towards the center of Nicosia and Nicosia-Limassol motorway via Lemesou Avenue.The asset falls within planning zone ΕΖ-κ, with building density coefficient of 200%, coverage coefficient 60%, in 6 floors and a maximum height of 24m.
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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