€3,180,000 $3,463,558
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Pay in USD and save up to $121,225Key features
- Listing ID: 829939 (29115)
- Plot: 3581 sqm
Description
This asset is large commercial and residential zoned field in Aglantzia, Nicosia.
The asset adjacent to Aglantzias Avenue on its north border, 100m south of Aglantzia Town Hall, and 600m from Academias Park.
The field has a total area of 3,865sqm according to the title deed, however due to a compulsory purchase the effective area is 3,581sqms. The field has an irregular shape with a smooth flat surface. It benefits from a road frontage of c. 95m along Aglantzias Avenue, 60m along Georgiou Griva Digeni Avenue and 55m along Arsinois Street. The asset also benefits from 56sqm of additional buildable area transferred from the asset with Reg. No 0/11942 in Lympia.
The immediate area comprises of commercial developments along Aglantzias Avenue and residential developments in the side streets. The area enjoys easy access towards Nicosia city centre.
The asset has the potential to be covered by all utility services (water, electricity and telecommunication).
The asset falls within two planning zones:
-2,112sqm fall into commercial planning zone Eβ4 with 140% building density, 50% coverage, in 4 floors and a maximum height of 17m.
-1,469sqm fall into residential planning zone Κα4 with 120% building density, 50% coverage, in 3 floors and a maximum height of 13,5m.
Owner Icazo Properties Ltd
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
This asset is large commercial and residential zoned field in Aglantzia, Nicosia.
The asset adjacent to Aglantzias Avenue on its north border, 100m south of Aglantzia Town Hall, and 600m from Academias Park.
The field has a total area of 3,865sqm according to the title deed, however due to a compulsory purchase the effective area is 3,581sqms. The field has an irregular shape with a smooth flat surface. It benefits from a road frontage of c. 95m along Aglantzias Avenue, 60m along Georgiou Griva Digeni Avenue and 55m along Arsinois Street. The asset also benefits from 56sqm of additional buildable area transferred from the asset with Reg. No 0/11942 in Lympia.
The immediate area comprises of commercial developments along Aglantzias Avenue and residential developments in the side streets. The area enjoys easy access towards Nicosia city centre.
The asset has the potential to be covered by all utility services (water, electricity and telecommunication).
The asset falls within two planning zones:
-2,112sqm fall into commercial planning zone Eβ4 with 140% building density, 50% coverage, in 4 floors and a maximum height of 17m.
-1,469sqm fall into residential planning zone Κα4 with 120% building density, 50% coverage, in 3 floors and a maximum height of 13,5m.
Owner Icazo Properties Ltd
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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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