The plot is adjacent to Strovolou Avenue, c. 600m southwest of the Ministry of Defense and c. 1km northeast of METRO roundabout.
The property has an area of 790sqm and benefits from a road frontage of c. 21m along Strovolou Avenue on its east border.
The immediate area of the property comprises of residential and commercial developments. It enjoys good accessibility towards Nicosia city centre.
The property falls within two planning zones:
-c. 719sqm fall into commercial planning zone Εβ3 with 160% building density, 50% coverage, 6 floors and a maximum height of 24/20,4m.
-c. 71sqm fall into residential planning zone Κα5 with 100% building density, 50% coverage, 3 floors and a maximum height of 13.5m.
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.
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