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Building in Agioi Omologites, Nicosia city center

Ref No: 6573

€ 2,400,000 (-11.11%) € 2,700,000

Description

The property is a six-storey commercial building in Agioi Omologites, Nicosia municipality. It is located in one of the most central commercial locations of Nicosia on the corner of Gerasimou Markora and Andrea Michalakopoulou streets, 120m from Spyrou Kyprianou avenue.

The ground floor consists of a retail store with a mezzanine. The upper five floors are similar each consisting of office space, a kitchenette and toilets. The building has a covered area of 1,060sqm, covered verandas of 94sqm, a mezzanine of 117sqm, uncovered verandas of 64sqm and a basement of 359sqm used as parking space and storage. It is built within a plot with an area of 607sqm.

The property offers close proximity to all amenities and excellent access to Nicosia's city center. It is ideal for company headquarters or for an investment with high yield.

Energy Performance Classifications for the Office: Energy Class E
Energy Performance Classifications for the Shop: Energy Class C

Main Features

VAT
No
Occupancy Status
Vacant
Status
For sale

Other Features

Land Registry

District
Nicosia
Community
Nicosia Municipality
Quarter
Agioi Omologites
Reg. No.
3/3946
Sheet/Plan
21/540303
Parcel
1402
Zone
Εβ3

Areas

Covered Area
1,060 m2
Total Covered Area
1,271 m2
Land area
607 m2
Covered verandas
94 m2
Uncovered verandas
64 m2
Mezzanine area
117 m2
Basement area
359 m2

Further Features

Year of construction
2000

Town Planning

Town planning zone
Commercial
Building density
160 %
Coverage ratio
50 %
Max floors
6
Max height
24 m

Legal disclaimer

The asset was repossessed by Gordian Holdings Limited via auction pursuant to Part VIA of the Immovable Property (Transfer and Mortgage) Law of 1965 (L. 9/1965). 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). We recommend that you seek independent advice regarding any applicable transfer fees.

Any markings, or designs on the property photos are indicative, for illustration purposes only and may differ from the actual boundaries.

 

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Andreas Ioannou

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