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This asset is a shop on the ground floor and an office on the first floor of a commercial building in Dasoupoli. The asset is located on Athalassas Avenue, c. 300m east of the Athalassas and Acropoleos Avenues junction. The asset consists of: - The ground floor shop of 215sqm comprising of an open plan space with auxiliary areas and mezzanine of 46sqm. - The first floor office of 96sqm comprising of an open plan space with reception area and hygiene facilities with separate entrance. - The basement of 150sqm comprising of an open plan storage space. Access to the basement is obtained both from the shop on the ground floor as well as the parking area. The immediate area of the property comprises of commercial developments along Athalassas Avenue and residential developments in the side streets. Athalassas Avenue is a major commercial avenue that provides easy access to Nicosia city centre and the Nicosia - Limassol motorway. The asset falls within commercial planning zone Εβ3 with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m. 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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