€1,350,000 $1,414,218
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Pay in USD and save up to $49,498Key features
- Listing ID: 830128 (16200)
- Plot: 794 sqm
Description
This commercial zoned plot of 794 sqm is strategically located in the Agios Antonios area of Nicosia.
It is adjacent to Kallipoleos Avenue on its southwest boundary. It is 330m southeast of Digeni Akrita Avenue near to the Kallipoleos Avenue junction and 580m north of the Hilton Hotel.
There is an old single storey house in poor condition situated on the plot at present.
Based on the Nicosia Local Plan, Kallipoleos Avenue is classified as a Class I Commercial Axis, along which six-storey building with general commercial uses are permitted to develop such as shops and offices, supermarkets, community service centres, leisure centres and craft industries of class B and C.
The property has planning and building permits for a commercial six-storey building (offices and shops) with three basement floors. The permits are valid until 13/06/2018.
The wider area is mainly developed with residential and commercial units including houses, apartment, shops, offices and schools.
It is very close to the centre of Nicosia through Archbishop Makariou III Avenue and to the University of Cyprus.
The property is zoned as Εβ4 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24m.
THE PRICE IS SUBJECT TO VAT.
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 commercial zoned plot of 794 sqm is strategically located in the Agios Antonios area of Nicosia.
It is adjacent to Kallipoleos Avenue on its southwest boundary. It is 330m southeast of Digeni Akrita Avenue near to the Kallipoleos Avenue junction and 580m north of the Hilton Hotel.
There is an old single storey house in poor condition situated on the plot at present.
Based on the Nicosia Local Plan, Kallipoleos Avenue is classified as a Class I Commercial Axis, along which six-storey building with general commercial uses are permitted to develop such as shops and offices, supermarkets, community service centres, leisure centres and craft industries of class B and C.
The property has planning and building permits for a commercial six-storey building (offices and shops) with three basement floors. The permits are valid until 13/06/2018.
The wider area is mainly developed with residential and commercial units including houses, apartment, shops, offices and schools.
It is very close to the centre of Nicosia through Archbishop Makariou III Avenue and to the University of Cyprus.
The property is zoned as Εβ4 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24m.
THE PRICE IS SUBJECT TO VAT.
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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