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Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 0.39 Km
Commercial: 0.25 Km
Tourist: 30.1 Km
Industrial: 0.13 Km
Agricultural: 1.05 Km
Farm: 5.24 Km
The property is a commercial field with a prime location in Latsia. It abuts to Giannou Kranidioti avenue with a road frontage of 60m and to Arch. Makariou III avenue with road a frontage of 50m.
The field has a total land area of 1,600sqm.
The field is situated in heart of Latsia's commercial area including retail stores, big supermarkets, restaurants, fast-food chains, pharmacies, bakeries and many more. The property is only a 5mins drive from Nicosia's General Hospital, the Mall of Cyprus, IKEA and other big stores. It provides easy access to the highway.
Ideal for commercial developments such as shops, offices, clinic centers etc, subject to obtaining all relevant permits.
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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