371m² Building for Sale in Nicosia District

Property description

• Two-storey mixed use building in Agios Dometios, Nicosia. 
• The ground floor is separated in two parts. At its north western part there are 2 vacant shops of approximately 43 sq.m. and 41 sq.m.
• At the southern part of the ground floor there is an apartment of approximately 101 sq. m., currently under renovation stage, which consists of an open plan dining/sitting room, a kitchen, a bathroom, and two bedrooms.
•  The upper floor house/flat consists of an entrance area, office area, an open plan dining/sitting and kitchen area, a bathroom, 3 bedrooms of which the master bedroom is en-suite with a walk-in closet, and 2 covered verandas.

Location

• The property is located in Agios Dometios Municipality, Nicosia District under Land Reg. No. 2/1723.
• It has a road frontage on Laertou Street and is located within walking distance to Nicosia Race Club (horse racing), approximately 1,2 km of The University of Nicosia
• The immediate area of the property is mainly characterized by mixed-use development such as apartment buildings, banks, shops, offices, supermarkets, and general services.

Tenancy

• Vacant Possession

Zoning

• The property falls within the Residential Zone Κα4  which allows for 120% building density, 50% building coverage, 3 floors and up to 13,5 meters height.
• The property is eligible for Government incentives. For more information click here

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

• 1 x 2-bed apartment (101 sq.m.)
• 1 x 3-bed apartment (extends to approx. 186 sq. m. of enclosed area and 31 sq.m. covered verandas
• 2 x shops (43 sq.m. and 41 sq.m. respectively)
• We are informed that the building area extends to approx. 371 sq. m. of enclosed area.
• Interested parties are recommended to undertake their own inquiries to confirm property measurements.

Additional Details

Shop no.1 43 sq.m Shop no.241 sq.m Ground Floor Apartment101.sq.m2 BedroomsUpper Floor Apartment 186 sq.m3 Bedrooms  

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Additional Details

Shop no.1 43 sq.m Shop no.241 sq.m Ground Floor Apartment101.sq.m2 BedroomsUpper Floor Apartment 186 sq.m3 Bedrooms  

VAT

VAT not applicable – Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.