Property Description

This property is in the Kaimakli light industrial area, Nicosia.

The property is located 330m southeast of “BATA” roundabout and c. 800m northwest of Sopaz factory.

The property has a land area of 7,479sqm. Five buildings exist on the plot and are considered obsolete.

The immediate area of the property is a well developed industrial area comprising of warehouses, factories and showrooms that enjoys easy access to the centre of Nicosia.

The property falls within light industrial planning zone Βδ2, with building density coefficient of 50%, coverage coefficient 50%, in 1 floor and 5,5m maximum height.

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

€46,068
BUYING AS AN INDIVIDUAL
€43,800 Transfer fees + €2,268 Stamp Duty
€42,668
BUYING ON JOINT NAMES
€40,400 Transfer fees + €2,268 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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