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Commercial plot with title deed, area 1,327 sqrm, in the area of Nicosia (center), Lefkosia within Nicosia district. The land characteristics are: within planning zone Eb3, has a build coefficient of 160.000% with covered coefficient of 50.00%, maximum building permissible height 24.00 meters, and maximum number of floors 6. Other characteristics of Commercial Plot: electricity, telephone, water connection, connected to sewage system. Τhe land area is 1,327 square meters. After getting relevant permits from the local authorities, you can build a building of total area 2,123 sqrm. The value of this investment comes to € 942 per square meter of covered area. Zone: Commercial and other central services. Walking distance from: bank, pharmacy. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, Church. It is within close proximity to: Agioi Omologites. The type of road leading to the property is tarmac secondary road. There is road frontage of 48 meters. The property has no VAT tax. This Commercial Plot has title deed ready. The asset is currently vacant and available for immediate use. It is ideal to be used as a showroom, logistics centre, or for warehousing and production.
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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