Ref. No. 20988 Residential Plot
€2,935,000
No VAT
Egkomi
Nicosia
Residential
Plot
1989m²
Covered
Sales Agent
Gareth Ronweil
Property Description
This residential/commercial zoned plot of 1.989 sqm is located in Engomi, Nicosia.
It sits opposite the American Embassy and is circa 155m north from the Metochi Kykkou.
The property has trapezium shape and flat even surface.
It abuts a road with frontage on its south-east border of circa 49m along Metochiou Road and on its north border of circa 48m along Pelasgon Road.
The property is covered by all the utility services (water, electricity and telecommunication).
The surrounding area is characterised by embassy buildings, high-rise commercial and residential developments as well as offices and upper quality residential developments.
Assets in this area benefit from very good accessibility towards Nicosia city centre and all the main municipalities of the city.
The property is zoned as ΚΓ3 (residential/commercial) with 140% building density, 50% coverage, 4 floors and a maximum height of 17m.
Owning SPV: Soblano Properties Limited
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
It sits opposite the American Embassy and is circa 155m north from the Metochi Kykkou.
The property has trapezium shape and flat even surface.
It abuts a road with frontage on its south-east border of circa 49m along Metochiou Road and on its north border of circa 48m along Pelasgon Road.
The property is covered by all the utility services (water, electricity and telecommunication).
The surrounding area is characterised by embassy buildings, high-rise commercial and residential developments as well as offices and upper quality residential developments.
Assets in this area benefit from very good accessibility towards Nicosia city centre and all the main municipalities of the city.
The property is zoned as ΚΓ3 (residential/commercial) with 140% building density, 50% coverage, 4 floors and a maximum height of 17m.
Owning SPV: Soblano Properties Limited
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
€119,778
BUYING AS AN INDIVIDUAL
€114,000 Transfer fees + €5,778 Stamp Duty
€116,378
BUYING ON JOINT NAMES
€110,600 Transfer fees + €5,778 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.
