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The property is a mixed-use building in Strovolos. It is located in Chryseleousa Quarter, on Strovolou avenue, 50m from Agia Marina primary school and 150m from Pericleous avenue.
The property has a land area of 477sqm, 29m of road frontage and a covered area of 496sqm. The building consists of a basement, 2 shops on the ground floor and 2 apartments on the first floor.
The two shops on the ground floor have 120sqm each. The two apartment on the 1st floor have internal area of 128sqm each. There is also a basement with a covered area of 130sqm. The shops and the flats are vacant.
The property offers close proximity to all amenities and easy access to the center of Nicosia.
The plot can be developed into a commercial building with basement, ground floor and five floors. The building can include an underground parking area, a ground floor with additional parking spaces and an entrance lobby, as well as five floors with a net area of approx. 128 sqm each, plus common areas.
Parking spaces:
6 on the ground floor
6 on the basement
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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