Ref. No. 21147 Project

€590,000 Plus VAT
Ergates Nicosia
Project Commercial
5 Bedrooms
667m² Covered
2760m² Plot
Sales Agent Stefanos Constantinou

Property Description

The property comprises of three incomplete houses in Ergates, Nicosia.

The property is adjacent to Likavitou Street, c. 110m west of Ergates primary school and c. 90m north of Gregori Afxentiou Avenue.

The houses have an internal area of 240sqm, 210sqm and 217sqm. Each house consists of an open plan living/dining room and an open plan kitchen with dining room, a guest toilet and a laundry room on the ground floor and four bedrooms (one of which is en-suite) and a bathroom on the first floor. There is also an attic. The houses require mechanical, electrical and woodworks, installation of windows, floors, sanitary wares, general painting and landscaping to be completed.

The total land area of 2,760sqm.

The immediate area of the property comprises of residential developments that enjoys great accessibility towards Nicosia.

The property falls within planning zone H2, with building density coefficient of 90%, coverage coefficient 50%, in 2 floors and a maximum height of 8,3m height.

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

€21,288
BUYING AS AN INDIVIDUAL
€20,200 Transfer fees + €1,088 Stamp Duty
€17,888
BUYING ON JOINT NAMES
€16,800 Transfer fees + €1,088 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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