Ref. No. 23615 Residential Land

€810,000 Plus VAT
Deftera Pano Nicosia
Residential Land
10530m² Plot
Property Consultant Gareth Ronweil

Property Description

This property consists of a field in Pano Deftera, Nicosia.

The field is located c. 130m east of Machaira Avenue, and c. 1km south of Pano Deftera’s community center.

The property totals 10,530sqm with a rectangular shape and benefits from c. 57m of road frontage from a registered road (east border).

The property has acquired planning & land division permit for its division into 13 plots, expiring 29/12/2022.

The immediate area can be characterized mainly as residential as it is surrounded by several residential developments with many unutilized parcels of land in the greater vicinity.

The property has the potential to be covered by all utility services (electricity, water and telecommunications).

The property falls within residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m.

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

€30,528
BUYING AS AN INDIVIDUAL
€29,000 Transfer fees + €1,528 Stamp Duty
€27,128
BUYING ON JOINT NAMES
€25,600 Transfer fees + €1,528 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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