Ref. No. 21100 Commercial Land

€1,000,000 Plus VAT
Lakatameia Anthoupolis
Commercial Land
1844m² Plot
Property Consultant Gareth Ronweil

Property Description

This property consists of three adjoining commercial fields in Lakatamia municipality, Nicosia.

The property is located approximately 600m northeast of Strakka lake, 900m southwest of the Agiou Nicolaou church and 1,1km south of the Lakatamia town hall.

The three fields have an area of 662sqm, 607sqm, and 575sqm for a total area of 1,844sqm and a combined road frontage of c. 75m along Archebishop Makariou Avenue. The fields have a regular shape and a flat surface.

The immediate area comprises of residential developments as well as undeveloped parcels of land. The area benefits from very good accessibility towards Nicosia city center and all the main municipalities of the city.

The property is covered by all utility services (water, electricity and telecommunication).

The property falls within commercial planning zone Εβ5 with 120% building density, 50% coverage, 3 floors and a maximum height of 13.5/11.3m.

THE PRICE IS SUBJECT TO VAT.

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

Plus VAT

Transfer Fees

€38,508
BUYING AS AN INDIVIDUAL
€36,600 Transfer fees + €1,908 Stamp Duty
€35,108
BUYING ON JOINT NAMES
€33,200 Transfer fees + €1,908 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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