Incomplete Building Complex - Egkomi, Nicosia
Not subject to VAT
Incomplete commercial building complex in a very good location in Egkomi Municipality in Nicosia District. The property is located at a distance of 245 meters (approx.) northeast of Egkomi Town Hall and 130 meters (approx.) north of Griva Digeni avenue.
The property is ideally situated close to a plethora of amenities and services such as cafes, restaurants, shops supermarket etc. In addition, the “Mall of Egkomi” and the 28th of October avenue are also a short drive away.
The building on the northeastern part comprises of a ground floor and a 1st floor and it level of construction and maintenance is good. It consists of office spaces, hygiene areas, reception, conference rooms, laboratories etc. The building is rented for 7,128 Euro per month. It has an area of 1155 sqm (approx.).
The building on the northern part of the western building comprises of a ground floor and a 1st floor. The building remains incomplete. It has an area of 470 sqm (approx.).
The southern part of the western building and the central building comprise of ground floor and 1st floor. They consists of office spaces, hygiene areas, reception, conference rooms, laboratories etc. They have an area of 1180 sqm (approx.).
It is considered as an ideal investment opportunity.
Current Planning Zone Details:
Planning Zone: ΕΠ2 (Special Zone)
Building Density: 120% (plus incentives)
Coverage Coeff.: 50%
Max Height: 13,5m
The above planning zone allows the development of a variety of uses.
The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.
Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.
All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.
The above price may be modified without any prior notice.
All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.
The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.
The property is rented
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