Ref. No. 21166 Agricultural Land

€7,300,000 Plus VAT
Nisou Nicosia
Agricultural Land
89032m² Plot
Sales Agent Gareth Ronweil

Property Description

This property consists of five adjoining fields in Nisou.

The property is located adjacent to the Nicosia - Limassol motorway on its east boundary, a few meters from the Tseri exit.

The five fields have a combined area of 89,032sqm, an irregular shape and benefit from a road frontage of 150m along a public registered. The property qualifies for unified large scale developments as specified by chapter 20 of the local plan of south Nicosia.

The wider area of the property comprises warehouses and industrial units, part of the Dali industrial, and of agricultural land.

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

The property falls into two planning zones:

- Γα4 with 10% building density, 10% coverage, 2 floors and a maximum height of 7m.

- Δα2 with 1% building density, 1% coverage, 1 floors and a maximum height of 5,5m.

THE PRICE MAY BE SUBJECT TO VAT.

Owner: Talamon Properties Ltd

Talamon Properties Ltd also offers for sale other propertys in the area. Alternatively the SPV may be sold as a whole to interested parties.

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

€303,108
BUYING AS AN INDIVIDUAL
€288,600 Transfer fees + €14,508 Stamp Duty
€299,708
BUYING ON JOINT NAMES
€285,200 Transfer fees + €14,508 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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