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This centrally located commercial zoned plot of 1410 sqm is in Ap. Varnavas & Ag. Makarios in Strovolos, Nicosia. The asset is located in Andreas Avraamides street 350 m south from Athalass Avenue and 700 m southwest from Nicosia’s Police Headquarters. The property has a somewhat rectangular shape with a flat even surface. The land benefits from a road frontage of 44m. The immediate area offers good accessibility to the Nicosia city centre and other neighbourhood areas as well as Nicosia-Limassol Motorway. The wider area is characterised as a growing commercial area, with significant commercial developments with multi-storey buildings, housing showrooms and other shops at the ground floor and offices on the other floors. The property has the potential to be covered from all the utility services (water, electricity and telecommunication). The asset falls within the Commercial Planning Zone Eβ4 with a building density coefficient of 140% and a coverage coefficient of 50%, 4 floors. Owner : Skellom Properties LimitedAll 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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