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The asset is a plot with retail shop in Agious Omologites. The asset is in the heart of Nicosia's commercial activity. It is adjacent to John Kennedy Avenue on its southwest boundary, to Chytron street on its southeast boundary and to Andrea Michalakopoulou street on its northwest boundary. The asset is situated in a plot with regular shape and total land area of 1,327sqm. It benefits from 48m road frontage on its southwest border. It offers great proximity to well-known institutional headquarters, governmental buildings and commercial streets. The asset can be potentially developed into a mixed-use building comprised of offices and retail units. The asset is currently occupied.
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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