Ref. No. 21042 Commercial Land
€540,000
Plus VAT
Tseri
Nicosia
Commercial
Land
3224m²
Plot
Property Consultant
Gareth Ronweil
Property Description
This property consists of two adjoining fields in Tseri, Nicosia
The property is located c. 900m south of the Agiou Constantinou & Elenis church and c. 350m south of the centre of the village.
The property has an area of 3,466sqm but due to a compulsory purchase, the remaining area of the property is 3,224sqm. It benefits from a road frontage of c. 54m along Analionta Avenue on its west border, c. 35m along Michali Kasialou street on its north border and c. 16m along its east border.
The immediate area comprises of residential developments and undeveloped parcels of land.
The property is not covered by any utility services (water, electricity and telecommunication).
The property falls within two planning zones:
-Residential planning zone Kα6 with 90% building density, 50% coverage 2 floors and a maximum height of 10m.
-Commercial planning zone Εβ5 with 120% 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.
The property is located c. 900m south of the Agiou Constantinou & Elenis church and c. 350m south of the centre of the village.
The property has an area of 3,466sqm but due to a compulsory purchase, the remaining area of the property is 3,224sqm. It benefits from a road frontage of c. 54m along Analionta Avenue on its west border, c. 35m along Michali Kasialou street on its north border and c. 16m along its east border.
The immediate area comprises of residential developments and undeveloped parcels of land.
The property is not covered by any utility services (water, electricity and telecommunication).
The property falls within two planning zones:
-Residential planning zone Kα6 with 90% building density, 50% coverage 2 floors and a maximum height of 10m.
-Commercial planning zone Εβ5 with 120% 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
€19,188
BUYING AS AN INDIVIDUAL
€18,200 Transfer fees + €988 Stamp Duty
€15,788
BUYING ON JOINT NAMES
€14,800 Transfer fees + €988 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.
