Ref. No. 21201 Commercial Land
€1,210,000
Plus VAT
Nicosia Town
Nicosia
Commercial
Land
521m²
Plot
Sales Agent
Gareth Ronweil
Property Description
This property is a plot in Trypiotis area of Nicosia.
The plot abuts Electra Street on its east border and is located c. 205m southeast of "OXI" roundabout, 390m northeast from the junction of Archiepiskopou Makariou III and Spyrou Kyprianou Avenues and 50m southwest of Stasinou Avenue.
The property has an area of 521sqm, has a rectangular shape and a flat even surface. The property benefits from c. 30m road frontage along Electra Street.
The immediate area of the property comprises of residential and commercial developments. The plot is within walking distance to Makariou Avenue as well as Eleutherias square and the Old city of Nicosia.
The property is covered by all essential services (electricity, water and telecommunications).
The property falls into residential planning zone EZ-κ with 200% building density, 60% coverage, 6 floors and a maximum height of 24m.
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 plot abuts Electra Street on its east border and is located c. 205m southeast of "OXI" roundabout, 390m northeast from the junction of Archiepiskopou Makariou III and Spyrou Kyprianou Avenues and 50m southwest of Stasinou Avenue.
The property has an area of 521sqm, has a rectangular shape and a flat even surface. The property benefits from c. 30m road frontage along Electra Street.
The immediate area of the property comprises of residential and commercial developments. The plot is within walking distance to Makariou Avenue as well as Eleutherias square and the Old city of Nicosia.
The property is covered by all essential services (electricity, water and telecommunications).
The property falls into residential planning zone EZ-κ with 200% building density, 60% coverage, 6 floors and a maximum height of 24m.
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
€47,328
BUYING AS AN INDIVIDUAL
€45,000 Transfer fees + €2,328 Stamp Duty
€43,928
BUYING ON JOINT NAMES
€41,600 Transfer fees + €2,328 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.
