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Pay in USD and save up to $21,120This asset is commercial building in Agios Savvas, within the walls of Nicosia. The asset comprises of: -Three shops on the ground floor with a total area of 297sqm. -An office of 285sqm on the first floor. -An office of 248sqm on the second floor. -An incomplete third floor of 162sqm. Access to the floors is provided via a staircase, while there is also a commercial elevator connecting the ground floor with the second floor office. The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia. The asset falls within commercial planning zone -IŒ, with building density coefficient of 180%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m.
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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