Ref. No. 21178 Commercial Land
€330,000
Plus VAT
Nicosia Town
Nicosia
Commercial
Land
759m²
Plot
Sales Agent
Gareth Ronweil
Property Description
This property consists of three adjoining parcels of land in Agios Savvas within the walls of Nicosia.
The property is located c. 150m north of “OXI” roundabout and c. 175m northeast of D’avilla Bastion.
The property totals 759sqm, has an irregular shape with a flat even surface and benefits from a road frontage of 10m along Trikoupi Street and 2m along Maria Constantinidou Street.
The surrounding area comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.
The property has the potential to be covered by all utility services (water, electricity and telecommunication).
The property falls within planning zone ΕΖ-ΕΝ with building density coefficient of 160%, coverage coefficient 70%, in 2/3 floors and a maximum height of 8/11,5m.
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. 150m north of “OXI” roundabout and c. 175m northeast of D’avilla Bastion.
The property totals 759sqm, has an irregular shape with a flat even surface and benefits from a road frontage of 10m along Trikoupi Street and 2m along Maria Constantinidou Street.
The surrounding area comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.
The property has the potential to be covered by all utility services (water, electricity and telecommunication).
The property falls within planning zone ΕΖ-ΕΝ with building density coefficient of 160%, coverage coefficient 70%, in 2/3 floors and a maximum height of 8/11,5m.
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
€10,368
BUYING AS AN INDIVIDUAL
€9,800 Transfer fees + €568 Stamp Duty
€7,118
BUYING ON JOINT NAMES
€6,550 Transfer fees + €568 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.
