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573 SQM Commercial Land for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
573 SQM Commercial Land for sale in Nicosia Municipality, Nicosia 2422 Nicosia Municipality
600000 €600,000  ($624,346)
573 SQM Commercial Land
Nicosia Municipality, Nicosia

€600,000  ($624,346)

Smart Assets Real Estate

Smart Assets Real Estate

Reg. No: 1109 | Lic. No: 317/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $21,852

Average Bank Rate (€600,000)
1 USD = 0.9285 EUR
$646,199

Mid-market rate (€600,000)
1 USD = 0.9610 EUR
$624,346

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Commercial (ΕΖ-Α)

Description: Commercial Development Zone (East)-Outside The Walls (Ζωνη Εμπορικης Αναπτυξης (Ανατολικη)-Εκτος Των Τειχων)

Coverage: 0.6

Density: 2

Height: 31 meters

Allowed stories: 8

Development description: Nicosia Center Area Local Plan (Σχεδιο Περιοχης Κεντρου Λευκωσιας)


Nearby planning zones

Residential: 0.15 Km

Tourist: 34.27 Km

Industrial: 2.51 Km

Agricultural: 6.1 Km

Farm: 10.2 Km

Key features

  • Listing ID: 1547917 (SA30048)
  • Plot: 573 sqm

Description

Reference ID: details: €600,000 +VATCommercial plot in a central location in Agios Antonios parish, in Nicosia Municipality.The plot has a triangle shape, even surface and 49 meters frontage on its northern boundary.The property has the potential to gain extra building density coefficient via planning incentives.The plot could be utilized and be developed with a multi-storey building of mixed or commercial use.The plot can host a 7-storey residential building with 2 levels basement and a total of 12 flats where 8 are two-bedroom flats and 4 one-bedroom flats. The enclosed areas are 866 sqm and 290sqm of covered verandas, without taking into account the basements, staircases and parking spaces. The two basements and the ground floor share in total 18 parking spaces where 2 of those are for the disabled people. It is noted that the 2 basements are served via a car-elevator.Planning zone: ΕΖ-αBuilding Coefficient: 200% (by utilizing the incentives the Building Density Coefficient  can be increased up to 450%)Coverage Coefficient: 60%Maximum Floors Allowed: 8Maximum Building Height (m): 31PLUS V.A.T

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.

Stamp Duties
If buying as an individual
€1,108 ($1,152)
If buying on joint names
€1,108 ($1,152)
Transfer fees
If buying as an individual
€20,600 ($21,436)
If buying on joint names
€17,200 ($17,898)

Disclaimer - Property reference 1547917. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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