A large piece of land consisting of three adjacent plots with a total unified area of 1.593 sqm.
It is located in the Ap. Varnavas and Ag. Makarios area of Strovolos, Nicosia, at a distance of circa 50m from the Pefkios Georgiades School, 320m from the junction of Iosif Hadjiosif and Perikleous Streets and 900m from Strovolos Town Hall.
The property benefits from an excellent location, close vicinity to the Nicosia city centre and other appealing characteristics such as flat and even surface.
The property holds a recently expired planning permit for a mixed used development consisting of a 3-storey building comprising: basement (33 parking spaces), 5 shops with mezzanine, 4 offices and 5 flats.
The immediate area comprises of residential units (blocks of flats, detached and semi-detached houses) as well as shops, offices and mixed used developments
The property falls within the Commercial Planning Zone Εβ4, with building density coefficient of 140%, coverage coefficient 50%, in 4 floors.
Owner: Weinar Properties Ltd
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
€79,206
BUYING AS AN INDIVIDUAL
€75,360 Transfer fees + €3,846 Stamp Duty
€75,806
BUYING ON JOINT NAMES
€71,960 Transfer fees + €3,846 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.
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