Ref. No. 20922 Residential Land
€1,980,000
Plus VAT
Nicosia Town
Nicosia
Residential
Land
9655m²
Plot
Sales Agent
Gareth Ronweil
Property Description
This property is a c. 37% share of a field in Panagia area of Nicosia.
The field is located c. 200m east of Larnacos Avenue and is adjacent to “BMH” military base along its north border.
The property has a total area 25,995sqm of which BoC offers for sale a 13/35 share (c. 9,655sqm), and has an irregular shape with a slightly sloping surface and benefits from c. 190m road frontage along Propilaion Street.
The immediate area of the property comprises of residential developments as well as undeveloped parcels of land and enjoys easy access to the centre of Nicosia.
The property is covered by all essential services (electricity, water and telecommunications).
The property falls into residential planning zone Κα3 with 140% building density, 50% coverage, 4 floors and a maximum height of 17m.
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 field is located c. 200m east of Larnacos Avenue and is adjacent to “BMH” military base along its north border.
The property has a total area 25,995sqm of which BoC offers for sale a 13/35 share (c. 9,655sqm), and has an irregular shape with a slightly sloping surface and benefits from c. 190m road frontage along Propilaion Street.
The immediate area of the property comprises of residential developments as well as undeveloped parcels of land and enjoys easy access to the centre of Nicosia.
The property is covered by all essential services (electricity, water and telecommunications).
The property falls into residential planning zone Κα3 with 140% building density, 50% coverage, 4 floors and a maximum height of 17m.
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
€79,668
BUYING AS AN INDIVIDUAL
€75,800 Transfer fees + €3,868 Stamp Duty
€76,268
BUYING ON JOINT NAMES
€72,400 Transfer fees + €3,868 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.
