Ref. No. 21197 Residential Land

€131,000 Plus VAT
Palaichori Oreinis Nicosia
Residential Land
6689m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property is a field c. 1,5km northeast of the centre of Palaichori, Nicosia.

The property totals 6,689sqm, has an irregular shape and relatively sloping surface and benefits from c. 25m road frontage along a public registered road.

The immediate area comprises of undeveloped parcels of land, some scattered residential developments and forest land.

The property has the potential to be covered by all utility services (electricity, water and telecommunication).

The property falls within two planning zones:

-4,479sqm fall into residential planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.

-1,940sqm fall into agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m.

THE PRICE IS PARTIALLY 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

€2,614
BUYING AS AN INDIVIDUAL
€2,425 Transfer fees + €189 Stamp Duty
€2,154
BUYING ON JOINT NAMES
€1,965 Transfer fees + €189 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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