Ref. No. 20788 Residential Land
€1,500,000
Plus VAT
Latsia
Archangelos Michail
Residential
Land
22176m²
Plot
Property Consultant
Gareth Ronweil
Property Description
This property is a field in Latsia village, Nicosia.
The property is located c. 112m west of Macedonia Street, 460m west of the Nicosia - Limassol motorway and 630m southwest of the University of Cyprus campus.
The field has an irregular shape with a sloping surface. The area of the field is 22,176sqm and is landlocked.
The immediate area comprises of residential developments as well as undeveloped parcels of land.
The area enjoys good accessibility to the Nicosia - Limassol motorway.
The property has the potential to be covered by all utility services (water, electricity and telecommunication).
The property falls within two planning zones
-residential planning zone Κα9 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.
-and protection planning zone Δα1 with 0,5% building density, 0,5% coverage, 1 floors and a maximum height of 5,5m.
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. 112m west of Macedonia Street, 460m west of the Nicosia - Limassol motorway and 630m southwest of the University of Cyprus campus.
The field has an irregular shape with a sloping surface. The area of the field is 22,176sqm and is landlocked.
The immediate area comprises of residential developments as well as undeveloped parcels of land.
The area enjoys good accessibility to the Nicosia - Limassol motorway.
The property has the potential to be covered by all utility services (water, electricity and telecommunication).
The property falls within two planning zones
-residential planning zone Κα9 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.
-and protection planning zone Δα1 with 0,5% building density, 0,5% coverage, 1 floors and a maximum height of 5,5m.
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
€59,508
BUYING AS AN INDIVIDUAL
€56,600 Transfer fees + €2,908 Stamp Duty
€56,108
BUYING ON JOINT NAMES
€53,200 Transfer fees + €2,908 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.
