Ref. No. 21092 Residential Land

€4,600,000 Plus VAT
Pigenia Nicosia
Residential Land
230448m² Plot
Sales Agent Gareth Ronweil

Property Description

This property is consists of 15 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 230,448sqm, has an irregular shape with sloping surfaces and benefits from a nice view of the surrounding area and sea. Four of the fields are adjacent to the coastal road while the other 11 are landlocked.

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

The property falls within two planning zones

-39,542sqm fall into H5 with 30% building density, 20% coverage, 2 floors and a maximum height of 8.3m

-190,906sqm fall into 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

€189,708
BUYING AS AN INDIVIDUAL
€180,600 Transfer fees + €9,108 Stamp Duty
€186,308
BUYING ON JOINT NAMES
€177,200 Transfer fees + €9,108 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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