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Pay in USD and save up to $6,855This property is situated on the sixth floor of a residential building in Agios Antonios, Nicosia, and is currently utilized as an office space.Spanning an area of 98 sqm, the asset features a functional layout comprising an open-plan office area, a kitchen, and a toilet. The interior is finished with ceramic tiles, and split-unit air conditioning is installed for climate control.The surrounding area is characterized by a mix of commercial and residential developments, providing a dynamic urban environment. Its location allows for seamless access to the center of Nicosia and nearby motorways, enhancing connectivity.The asset is subject to two planning zones:Commercial Planning Zone Εβ1: A building density coefficient of 200%, coverage coefficient of 50%, up to 10 floors, and a maximum height of 30m.Residential Planning Zone Κα3: A building density coefficient of 140%, coverage coefficient of 50%, up to 4 floors, and a maximum height of 17m.This property offers significant development potential in a prime urban location.
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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