185m² Building for Sale in Agios Dometios, 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 informationclick here [https://www.moi.gov.cy/moi/moi.nsf/All/31C60A18C2CE1F3EC2258597001F14AB?OpenDocument]

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.143 sq.mShop no.241 sq.mGround Floor Apartment101.sq.m2 BedroomsUpper Floor Apartment186 sq.m3 Bedrooms x ADDITIONAL DETAILS
Shop no.143 sq.mShop no.241 sq.mGround Floor Apartment101.sq.m2 BedroomsUpper Floor Apartment186 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.