Ref. No. 21101 Commercial Land

€4,750,000 Plus VAT
Strovolos Acropolis
Commercial Land
14620m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property comprises of two adjoining fields in Strovolos, Nicosia.

The property is located next to “Metro” roundabout and “Pavilion Hall” and c. 300m east of “Jumbo”.

The property has a total area of 14,620sqm and has a flat even surface. The property is accessed via an under registration road.

The immediate area consists of both commercial and residential developments. It enjoys good accessibility due to its proximity to the Strovolos - Lakatamia roundabout.

The property falls within the two planning zones:

- 13,017sqm fall within residential planning zone Κα8 with a maximum building density coefficient of 60%, a land coverage coefficient of 35%, 2 floors and 10m height.

- 1,603sqm fall within commercial planning zone Εβ3 with a maximum building density coefficient of 160%, a land coverage coefficient of 50% , 6 floors and 24m height.

THE PRICE IS SUBJECT TO VAT.

Owner: Mantinec Properties Ltd

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

€196,008
BUYING AS AN INDIVIDUAL
€186,600 Transfer fees + €9,408 Stamp Duty
€192,608
BUYING ON JOINT NAMES
€183,200 Transfer fees + €9,408 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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