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This asset is a shop in Kennedy Avenue, Nicosia. The asset comprises of a 75sqm retail area, a 47sqm mezzanine and a 160sqm storage area in the basement. The immediate area of the asset comprises of commercial developments along Kennedy Avenue and residential developments in the side streets. The asset falls within planning zone Εβ3 with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m. All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
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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