Ref. No. 20978 Residential Land

€176,000 Plus VAT
Vyzakia Nicosia
Residential Land
7024m² Plot
Sales Agent Stefanos Constantinou

Property Description

This property is a field in Vyzakia, Nicosia.

The property is located 600m east of Asinou’s primary school and c. 1km north of Vyzakia.

The property has an area of 7,024sqm, has a rather rectangular shape with relatively sloping surface and benefits from c. 58m road frontage along a public registered road.

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

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

The property falls within two residential planning zones:

-3,793sqm fall within H2 with 90% building density, 50% coverage, 2 floors and a maximum height of 8,3m.

-3,231sqm fall within H3 with 60% building density, 35% 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

Plus VAT

Transfer Fees

€3,900
BUYING AS AN INDIVIDUAL
€3,640 Transfer fees + €260 Stamp Duty
€2,960
BUYING ON JOINT NAMES
€2,700 Transfer fees + €260 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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