Commercial property in Lakatamia, Cyprus
Location
Description
Four-storey commercial building and an empty plot centrally in Agios Antonios, Nicosia.
The ground floor consists of a shop/showroom and a bathroom. The mezzanine consists of offices, storages and bathrooms.
The 1st,2nd and 3rd floors consist of offices, meeting rooms, kitchen and bathrooms.
The property falls within Zone ΕΖ-κ, with a building coefficient of 200%, coverage of 60%, and permission for 6 floors (24m) of construction.
Incentives provided by the council of ministers suggest that subject to approval and acquiring the necessary permits, the property can benefit from a building coefficient of 300%, coverage of 60%, and permission for 8 floors of construction.
The commercial plot extends to about 722sq.m. in total. It has a rectangular shape with a flat surface and a total frontage of approximately 22m.
Access to the plot is via a registered road which is facing the southern side of the property.
