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WE ARE PROUD TO PRESENT THIS EXCLUSIVE LISTING OFFERING A COMMERCIAL BUILDING FOR SALE ON MAKARIOS AVENUE, KATHOLIKI AREA.
1,222 M² PLOT, OVER 45 METRE FRONTAL FACADE, CLEAN TITLE DEED.
Two storey commercial building prime location:
Zone: EB2, 180% Building Density, 50% coefficient.
For building plots over 1,000m² located on Makarios Avenue 111, the building ratio is increased by 30%, and can build up to 10 floors.
The use of renewable energy in development provides the right to a further 5% increase.
The right to buy density from a listed building provides a further 20% increase.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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