The property is a field located in Agios Nikolaos, in Lakatamia Municipality, Nicosia district.
The property is located c. 140m south-west of the Agiou Georgiou, Melina Merkouri and Archiepiskopou Makariou III Avenues and c. 370m from the Lakatamia Town hall.
The property has a regular rectangular shape with a flat even surface and an area of 1,376sqm The field is adjacent to Agiou Georgiou Avenue along its north-western border with a road frontage of c. 34m and to Athanasiou Diakou Street along its south-eastern border with a road frontage of circa 37m.
The property is covered by all utility services (water, electricity and telecommunication).
The surrounding area consists of middle class residential houses and apartments, undeveloped plots of land and commercial buildings along the Makariou Avenue. Assets in this area benefit from very good accessibility towards Nicosia city centre and all of the main municipalities of the city . The property is zoned as Kα5 (residential) with 100% building density, 50% coverage, a maximum of 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
€13,518
BUYING AS AN INDIVIDUAL
€12,800 Transfer fees + €718 Stamp Duty
€10,118
BUYING ON JOINT NAMES
€9,400 Transfer fees + €718 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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