Ref. No. 21152 Residential Land

€1,170,000 No VAT
Nicosia Town Nicosia
Residential Land
4005m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property consists of two adjacent fields located in Panagia area of Nicosia municipality in Nicosia District.

The propertys are located c. 150m northwest of the junction of John Kennedy and Lordou Vyronos Avenues , 190m southeast of Panagias Evangelistrias church and 1,4km northwest of the Sopaz roundabout.

The propertys have a rectangular shape and a flat even surface with a total area of 4,005sqm. One of the plots abuts Grigori Afxentiou Street along its west border with a road frontage of 32m and Agiou Georgiou Street along its northeast border with a road frontage of 50m.

The immediate area comprises mainly of residential developments such as houses and apartment buildings as well as commercial developments like offices and shops.

The property falls within residential planning zone Kα3, with 140% building density, 50% coverage, 4 floors and a maximum height of 14,3m.

Owner: Finevo 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

No VAT

Transfer Fees

€45,648
BUYING AS AN INDIVIDUAL
€43,400 Transfer fees + €2,248 Stamp Duty
€42,248
BUYING ON JOINT NAMES
€40,000 Transfer fees + €2,248 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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