Ref. No. 20808 Commercial Land

€260,000 Plus VAT
Nicosia Town Nicosia
Commercial Land
319m² Plot
Property Consultant Gareth Ronweil

Property Description

This property is a plot in Panagia, Nicosia.

The property is located c. 400m north of Larnacos Avenue and abuts Thiseos Street on its western boundary and Kerkiras Street on its northern boundary.

The property totals 319sqm, has a regular shape with a flat even surface, and due to its corner location benefits from a road frontage of 36m.

The immediate area comprises of residential and commercial developments and enjoys easy access towards Nicosia’s city center.

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

The property falls within residential planning zone EΖ-α with 200% building density, 60% coverage, 8 floors and a maximum height of 31m.

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

€7,428
BUYING AS AN INDIVIDUAL
€7,000 Transfer fees + €428 Stamp Duty
€5,228
BUYING ON JOINT NAMES
€4,800 Transfer fees + €428 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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