Ref. No. 22959 Commercial Land
€630,000
Plus VAT
Nicosia Town
Nicosia
Commercial
Land
529m²
Plot
Sales Agent
Gareth Ronweil
Property Description
This property is a plot in Agios Antonios, Nicosia.
The property is adjacent to Fotinou Pana Street, c. 290m northeast of Agios Antonios Primary School and c. 390m east of Famagusta gate.
Following the demolition of a residential building a buildable land property was created. It has an area of 529sqm and benefits from c. 20m road frontage along Fotinou Pana Street.
The immediate area of the property comprises of residential and commercial developments.
The property falls within special planning zone EZ-α with 200% building density (can be increased to 450%), 60% coverage, 8 floors and a maximum height of 31m.
THE PRICE IS SUBJECT TO VAT.
Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 19/07/2024.
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 adjacent to Fotinou Pana Street, c. 290m northeast of Agios Antonios Primary School and c. 390m east of Famagusta gate.
Following the demolition of a residential building a buildable land property was created. It has an area of 529sqm and benefits from c. 20m road frontage along Fotinou Pana Street.
The immediate area of the property comprises of residential and commercial developments.
The property falls within special planning zone EZ-α with 200% building density (can be increased to 450%), 60% coverage, 8 floors and a maximum height of 31m.
THE PRICE IS SUBJECT TO VAT.
Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 19/07/2024.
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
€22,968
BUYING AS AN INDIVIDUAL
€21,800 Transfer fees + €1,168 Stamp Duty
€19,568
BUYING ON JOINT NAMES
€18,400 Transfer fees + €1,168 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.
