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Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.6
Height: 24 meters
Allowed stories: 6
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 0.53 Km
Tourist: 32.2 Km
Industrial: 1.05 Km
Agricultural: 4.13 Km
Farm: 8.34 Km
Plot with title deed, area 688 sqrm, frontage 45 m, in the area of Pallouriotissa within Nicosia district. It is within close proximity to: Max gym (Aglantzia), University of Cyprus (Lycavitos) and Satiriko theatre (Aglantzia). The land characteristics are: within planning zone Ka 4, has a build coefficient of 120.000% with covered coefficient of 50.00%, maximum building permissible height 13.50 meters, and maximum number of floors 3. Τhe land area is 688 square meters. After getting relevant permits from the local authorities, you can build a building of total area 826 sqrm. The value of this investment comes to € 309 per square meter of covered area. Zone: Mainly residential area Walking distance from: pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. View of: mountain, town. The type of road leading to the property is tarmac secondary road. There is road frontage of 45 meters. The property has no VAT tax. This Plot has title deed ready. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 45 meters.
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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