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Pay in USD and save up to $41,486This two storey commercial building with basement is located on Strovolou Avenue in Strovolos, Nicosia. The building consists of a basement of circa 435 sqm for use as parking area, a ground floor of approximately 275 sqm and an upper floor of 265 sqm. The immediate area is well developed and mainly consists of commercial developments, buildings comprising shops/showrooms and many other commercial uses. The wider area is developed with multi-storey residential buildings, composed of parking areas on the ground floors and flats on the upper floors. The asset falls within the Commercial Planning Zone Eβ3 with a building density coefficient of 160% and a coverage coefficient of 50%, over 6 floors and 24m maximum height. 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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