Ref. No. 21076 Residential Land

€4,285,000 No VAT
Pigenia Nicosia
Residential Land
98006m² Plot
Sales Agent Gareth Ronweil

Property Description

This property is consists of seven adjoining fields in Pigenia, Nicosia District.

The property is located c. 2,5km northwest of the centre of Pigenia village and is adjacent to the coastal road that leads to Kato Pyrgos.

The property totals 98,006sqm, has an irregular shape with sloping surfaces and benefits from a nice view of the surrounding area and sea. Two of the fields are adjacent to the coastal road, three are considered to be landlocked, while one can be accessed via an under registration dirt road.

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

The property is not covered by all utility services (water, electricity and telecommunication)

The property falls within residential planning zone H5 with 30% building density, 20% coverage, 2 floors and a maximum height of 8.3m.

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

No VAT

Transfer Fees

€176,478
BUYING AS AN INDIVIDUAL
€168,000 Transfer fees + €8,478 Stamp Duty
€173,078
BUYING ON JOINT NAMES
€164,600 Transfer fees + €8,478 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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