Ref. No. 21105 Residential Land
€573,000
Plus VAT
Pigenia
Nicosia
Residential
Land
34115m²
Plot
Property Consultant
Gareth Ronweil
Property Description
This property comprises of a field and a 1/2 share of an adjoining field in Pigenia, Nicosia.
The property is located c. 500m west of Pigenia – Kato Pyrgos road and c. 700m northeast of Pigenia.
The property has an area of c. 34,115sqm (13,713sqm and 1/2 share of 40,804sqm) and and benefits from c. 150m road frontage along public registered road on its south border. No distribution agreement is in place.
The immediate area comprises of undeveloped parcels of land and several residential developments.
The property falls within two residential planning zones:
-c. 10,422sqm fall within planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8.3m.
-c. 23,693sqm fall within planning zone H4 with 40% building density, 25% 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.
The property is located c. 500m west of Pigenia – Kato Pyrgos road and c. 700m northeast of Pigenia.
The property has an area of c. 34,115sqm (13,713sqm and 1/2 share of 40,804sqm) and and benefits from c. 150m road frontage along public registered road on its south border. No distribution agreement is in place.
The immediate area comprises of undeveloped parcels of land and several residential developments.
The property falls within two residential planning zones:
-c. 10,422sqm fall within planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8.3m.
-c. 23,693sqm fall within planning zone H4 with 40% building density, 25% 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
€20,574
BUYING AS AN INDIVIDUAL
€19,520 Transfer fees + €1,054 Stamp Duty
€17,174
BUYING ON JOINT NAMES
€16,120 Transfer fees + €1,054 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.
