Ref. No. 20938 Agricultural Land
€2,065,000
No VAT
Latsia
Archangelos Michail
Agricultural
Land
11288m²
Plot
Property Consultant
Gareth Ronweil
Property Description
This sizeable field of 11.288sqm is located in Latsia, Nicosia.
It is situated in an attractive location approximately 110m east from the GSP Stadium and 230m north from the Latsia Roundabout.
The parcel falls into dual planning zone: 7.563sqm in special development zone EX2 and 3.725sqm in agricultural zone Γα4.
It benefits from road frontage of circa 160m along Ifigeneias Street (east border) and has a smooth sloping surface.
The property has the potential to be covered by all the utility services (water, electricity and telecommunication).
The immediate area is characterised by mid – high specification detached houses as well as blocks of flats, unutilised land plots and the Nuevo Campo (futsal pitch).
The wider area is mainly characterised by industrial developments.
The field is zoned as both EX2 (special development) with 80% building density, 45% coverage, 2 floors and a maximum height of 10m and Γα4 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 7m.
Ownership through BoC SPV: Bonsova Properties Limited
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
It is situated in an attractive location approximately 110m east from the GSP Stadium and 230m north from the Latsia Roundabout.
The parcel falls into dual planning zone: 7.563sqm in special development zone EX2 and 3.725sqm in agricultural zone Γα4.
It benefits from road frontage of circa 160m along Ifigeneias Street (east border) and has a smooth sloping surface.
The property has the potential to be covered by all the utility services (water, electricity and telecommunication).
The immediate area is characterised by mid – high specification detached houses as well as blocks of flats, unutilised land plots and the Nuevo Campo (futsal pitch).
The wider area is mainly characterised by industrial developments.
The field is zoned as both EX2 (special development) with 80% building density, 45% coverage, 2 floors and a maximum height of 10m and Γα4 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 7m.
Ownership through BoC SPV: Bonsova Properties Limited
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
Property Features
No VAT
Transfer Fees
€83,238
BUYING AS AN INDIVIDUAL
€79,200 Transfer fees + €4,038 Stamp Duty
€79,838
BUYING ON JOINT NAMES
€75,800 Transfer fees + €4,038 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
