Building for Sale in Nicosia District

PROPERTY DESCRIPTION
* Two-storey mixed-use building in the community of Kato Deftera, Nicosia.
* The land area extends to approximately 4,530 sq.m.
* The property was constructed approx. in 1993.
* The ground floor consists of a restaurant and kids playground area, an open space mezzanine, ancillary spaces, and one bedroom apartment.
* · The first floor consists of an open space living, dining, kitchen and a bar, three bedrooms, of which the master bedroom includes a shower and a walk-in wardrobe, a main bathroom with a toilet, a guest toilet, a fireplace access to a spacious covered veranda.
* · Furthermore, the property offers two storages and parking spaces.
* · Vacant possession.

LOCATION
* The property is located in the community of Kato Deftera in the District of Nicosia, under Land Reg. No. 0/722.
* The property abuts on Poseidonos Street, approximately 390 m. north of Griva Digeni avenue and approximately 4,4 km south of Nicosia Mall.
* The immediate area of the property is mainly characterised by empty fields.

TENANCY
* Vacant Possession

ZONING
* The property falls within the “Γ3” Agricultural Zone, which allows for 10% building coefficient, 10% building coverage, 2 floors and up to 8,3 m. height.

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 :

* A property extending to approximately 325 sq. m. of internal area.
* Interested parties are recommended to undertake their own inquiries to confirm property measurements.

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.