€940,000 $984,584
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Pay in USD and save up to $34,460Key features
- Listing ID: 1212342 (146310)
- Total covered area: 520 sqm
Description
Building commercial offices, with built area of 520 sqrm, area 930 sqrm, in the area of Agios Dometios within Nicosia district. The plot 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. Τhe plot area is 930 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 968 sqrm. Zone: Commercial and other central services. The type of road leading to the property is tarmac secondary road. The investment is € 1,808 per covered square meter. If you also take into account that you also get a plot 930 sqrm then you can better understand the value. It appears that there is 65% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 968 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax.
Buying expenses
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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