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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: 0.21 Km
Tourist: 29.69 Km
Industrial: 0.83 Km
Agricultural: 1.21 Km
Farm: 4.84 Km
Reference ID: details: €2,200,000Commercial field in a popular location in Agios Georgios Quarter, Latsia Municipality, Nicosia District.It abuts onto Latsia High School on the east boundary and onto Lidl Supermarket along its northen boundary.The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, shops, restaurants etc. In addition, it enjoys good access to the motorway.The field has an irregular shape and an even surface.It is noted that the property is subjected to compulsory acquisition on its western part and is adjucent to goverment land onto its northen boundary. The field area is about 5,360sq.m. and falls within the Εβ4 commercial zone which proposes the development of a two-story building with a building factor of 140%.It is considered an ideal choice for a land developer.
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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