Ref. No. 20949 Residential Land

€2,165,000 Plus VAT
Strovolos Acropolis
Residential Land
14661m² Plot
Sales Agent Gareth Ronweil

Property Description

The property is a field located in Strovolos Municipality, Nicosia district.

The property is located c. 830m east of Tseriou Avenue and c. 1,500m from the GSP Stadium.

The property has an irregular shape with a flat even surface and an area of 14,661sqm. The majority of the area falls within the residential planning zone (Kα7) with a very small part falling within the protection planning zone (Δα2).  The field benefits from a road frontage of c. 38m along Argyroupoleos street on its south border.

The property is covered by all utility services (water, electricity and telecommunication).

The surrounding area is characterised by middle class houses, empty plots of land, and sporadic livestock farms.

The property falls within two planning zones:
-Planning zone Kα7 (residential) with 80% building density, 45% coverage, and a maximum of 2 floors and a maximum height of 10m.
-and planning zone Δα2 (protection) with 1% building density, 1% coverage, and a maximum of 1 floors and a maximum height of 5m.

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

€87,438
BUYING AS AN INDIVIDUAL
€83,200 Transfer fees + €4,238 Stamp Duty
€84,038
BUYING ON JOINT NAMES
€79,800 Transfer fees + €4,238 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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