Ref. No. 21062 Residential Land
€550,000
Plus VAT
Strovolos
Acropolis
Residential
Land
3008m²
Plot
Property Consultant
Gareth Ronweil
Property Description
This property is a large residential field in Strovolos, Nicosia.
The property is located circa 420m west from the ex Orphanides supermarket, 750m from the American Heart Hospital and 1,1km northwest of GSP stadium.
The property has an area of 3,008sqm has a rather rectangular shape with a smooth flat surface and benefits from c. 36m frontage along Agiou Afthimou Street on its south border.
The immediate area comprises of several residential developments along with some undeveloped parcels of land.
The property has the potential to be covered by all utility services (water, electricity and telecommunication).
The property falls within residential planning zone Kα7 with a maximum building density coefficient of 80% and a land coverage coefficient of 45%, over 2 floors and 10m maximum height.
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 circa 420m west from the ex Orphanides supermarket, 750m from the American Heart Hospital and 1,1km northwest of GSP stadium.
The property has an area of 3,008sqm has a rather rectangular shape with a smooth flat surface and benefits from c. 36m frontage along Agiou Afthimou Street on its south border.
The immediate area comprises of several residential developments along with some undeveloped parcels of land.
The property has the potential to be covered by all utility services (water, electricity and telecommunication).
The property falls within residential planning zone Kα7 with a maximum building density coefficient of 80% and a land coverage coefficient of 45%, over 2 floors and 10m maximum height.
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
€19,608
BUYING AS AN INDIVIDUAL
€18,600 Transfer fees + €1,008 Stamp Duty
€16,208
BUYING ON JOINT NAMES
€15,200 Transfer fees + €1,008 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.
