Ref. No. 21118 Commercial Land
€580,000
Plus VAT
Nicosia Town
Nicosia
Commercial
Land
2342m²
Plot
Property Consultant
Gareth Ronweil
Property Description
This property is a field in Panagia, Nicosia.
The property is adjacent to Ammochostou Avenue, 790m south of SOPAZ roundabout, 1km northeast of Larnacos Avenue and 1,1km north of Aglantzia Town Hall.
The property has an area of 2,342sqm and benefits from a road frontage of c. 48m along Ammochostou Avenue on its west border. The parcel will be affected by the road development of Ammochostou Avenue.
The immediate area of the property comprises of residential and commercial developments.
The property falls into two planning zones with the following characteristics:
-c. 1,405sqm fall within commercial planning zone Eβ5 with 120% building density, 50% coverage, 3 floors and a maximum height of 13,5m.
- c. 937sqm fall within residential planning zone into Κα6 with 90% building density, 50% coverage, 2 floors and a maximum height of 10m.
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.
The property is adjacent to Ammochostou Avenue, 790m south of SOPAZ roundabout, 1km northeast of Larnacos Avenue and 1,1km north of Aglantzia Town Hall.
The property has an area of 2,342sqm and benefits from a road frontage of c. 48m along Ammochostou Avenue on its west border. The parcel will be affected by the road development of Ammochostou Avenue.
The immediate area of the property comprises of residential and commercial developments.
The property falls into two planning zones with the following characteristics:
-c. 1,405sqm fall within commercial planning zone Eβ5 with 120% building density, 50% coverage, 3 floors and a maximum height of 13,5m.
- c. 937sqm fall within residential planning zone into Κα6 with 90% building density, 50% coverage, 2 floors and a maximum height of 10m.
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
€20,868
BUYING AS AN INDIVIDUAL
€19,800 Transfer fees + €1,068 Stamp Duty
€17,468
BUYING ON JOINT NAMES
€16,400 Transfer fees + €1,068 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.
