Property Description
The property is a commercial building in Strovolos municipality, Nicosia district.
The property is located on Strovolou Avenue, 800m north of Metro roundabout.
The building comprises of a ground floor showroom of 550sqm with mezzanine showroom and offices of 275 sqm, a first floor office space of a 515sqm and a basement of 800sqm used as a parking area and storage space.
The surrounding area of the property is developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Strovolos Avenue is one of the main commercial roads of Nicosia and thus the property benefits from excellent visibility. The shop enjoys great accessibility to the surrounding areas and Nicosia city centre.
The property falls within two planning zones:
-Commercial planning zone Εβ3, with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
-Residential planning zone Κα5, with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.
Owner: Zandexo Properties Ltd
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
The property is located on Strovolou Avenue, 800m north of Metro roundabout.
The building comprises of a ground floor showroom of 550sqm with mezzanine showroom and offices of 275 sqm, a first floor office space of a 515sqm and a basement of 800sqm used as a parking area and storage space.
The surrounding area of the property is developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Strovolos Avenue is one of the main commercial roads of Nicosia and thus the property benefits from excellent visibility. The shop enjoys great accessibility to the surrounding areas and Nicosia city centre.
The property falls within two planning zones:
-Commercial planning zone Εβ3, with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
-Residential planning zone Κα5, with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.
Owner: Zandexo Properties Ltd
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
Property Features
No VAT
Parking - 1 Covered
Transfer Fees
€84,708
BUYING AS AN INDIVIDUAL
€80,600 Transfer fees + €4,108 Stamp Duty
€81,308
BUYING ON JOINT NAMES
€77,200 Transfer fees + €4,108 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
