Ref. No. 20943 Industrial Land

€830,000 Plus VAT
Kokkinotrimithia Nicosia
Industrial Land
25497m² Plot
Property Consultant Gareth Ronweil

Property Description

This property is comprises of four adjoining fields in Kokkinotrimithia, Nicosia.

The property is located next to the Nicosia – Troodos motorway, c. 4,5km west of Nicosia Mall, c. 2km east of Kokkinotrimithia’s secondary school and c. 3km east of Kokkinotrimithia village center.

The property has an area of 25,497sqm and benefits from road frontage along its west and north borders.

The immediate area comprises of industrial and commercial developments as well as undeveloped parcels of land.

The property falls within three planning zones:

-15,183sqm fall within industrial planning zone Β1 with 90% building density, 50% coverage and 2 floors.

-5,088sqm fall into agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m

-5,226sqm fall into protection planning zone Z2 with 3% building density, 3% coverage, 1 floor and a maximum height of 5m.

THE PRICE MAY BE PARTIALLY SUBJECT TO VAT.

Owner: Cobhan Properties Ltd


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

€31,368
BUYING AS AN INDIVIDUAL
€29,800 Transfer fees + €1,568 Stamp Duty
€27,968
BUYING ON JOINT NAMES
€26,400 Transfer fees + €1,568 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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