Ref. No. 21053 Residential Land

€547,500 Plus VAT
Ergates Nicosia
Residential Land
11605m² Plot
Property Consultants Cyprus Investments

Property Description

This property consists of two nearby fields on opposite sides of a registered dirt road in Ergates, Nicosia.

The fields are located c. 500m northwest of the centre of the village.

The two fields have an area of 11,420sqm and 185sqm for a total area 11,605sqm, an irregular shape with a flat even surface and benefit from road frontage of c. 165m and c. 38m respectively.

The immediate area of the property comprises of undeveloped parcels of land and some scattered residential developments. It enjoys good accessibility towards Nicosia city.

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

The property falls into 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

€19,503
BUYING AS AN INDIVIDUAL
€18,500 Transfer fees + €1,003 Stamp Duty
€16,103
BUYING ON JOINT NAMES
€15,100 Transfer fees + €1,003 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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