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Pay in USD and save up to $5,663Ground floor shop in a central location of Agios Demetrios quarter of Strovolos Municipality. It is situated on Acropoleos Avenue at a distance of 250 meters north of the intersection of Athalassas and Iosif Hadjiosif Avenues.
The property is situated close to a plethora of amenities and services such as shops, restaurants, schools etc. In addition, it enjoys good access to the Nicosia city center. The area is very active for both commercial and residential use with intense mobility throughout the day.
The shop is in a good condition and it consists of an open plan area, kitchen and a toilet.
The area of the internal spaces is of 89sqm and 13sqm covered verandas. It has a separate title deed.
The shop is vacant and is suitable for own use or for rental purposes with a satisfactory return.
The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).
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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