Two Storey Commercial Building in Trypiotis, Nicosia
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Auction
- Lot 18
- Cyprus
- Commercial Building
- Commercial
Reserve €220.000
Property Summary
- Two-storey Commercial Building in Nicosia Municipality.
- Prime location, situated in Nicosia’s historic center.
- Extending to approx. 133 sq. m.
- Within a plot extending to 65 sq.m.
- Vacant possession.
- 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.
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Property description
- Two-storey Commercial Building.
- Within a 65 sq.m. commercial zoned plot of land.
- Built approximately in 1955 and renovated in 1985.
- We have been informed that the property extends to approximately 133 sq. m.
Location
- The property is located in Trypiotis parish, Nicosia Municipality, Nicosia district under Land Reg. No. 2/4607.
- The property is primely located within the historic centre of the city, approximately 13 m. north of Konstantinou Palaiologou Avenue, 35 m. north of Nicosia Post Office and 110 m. east of Nicosia City Hall.
- The immediate area of the property is predominantly commercial and is surrounded by numerous amenities and services such as supermarkets, restaurants, tourist services, offices etc.
Tenancy
- Vacant Possession
Zoning
- The property falls within the "ΠΕΖ-εν" Commercial zone within the walls which allows for 180% building coefficient, 70% building coverage, 3 floors and up to 11.5 meters height.
Accommodation
The property was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Two-storey commercial building extending to approximately 133 sq. m.
- It is recommended that interested parties undertake their own inquiries to confirm property measurements.
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*Terms & Conditions
Islanders Estate Agencies Ltd as a licensed Estate Agent, T/A BidX1 Cyprus Sales, Registration No: 739 / Licence No: 376/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
