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Description: Commercial Development Zone (Centre) - Outside The Walls (Ζωνη Εμπορικης Αναπτυξης(Κεντρου)-Εκτος Των Τειχων)
Coverage: 0.6
Density: 2
Height: 24 meters
Allowed stories: 6
Development description: Nicosia Center Area Local Plan (Σχεδιο Περιοχης Κεντρου Λευκωσιας)
Residential: 0.31 Km
Tourist: 34.58 Km
Industrial: 3.42 Km
Agricultural: 5.57 Km
Farm: 10.26 Km
Plot with title deed, area 3,638 sqrm, frontage 100 m, in the area of Nikitari within Nicosia district. The land characteristics are: within planning zone H 2, has a build coefficient of 90.000% with covered coefficient of 50.00%, maximum building permissible height 8.30 meters, and maximum number of floors 2. Other characteristics of Plot: electricity, via electricity poles, telephone, via telephone poles, water connection. Τhe land area is 3,638 square meters. After getting relevant permits from the local authorities, you can build a building of total area 3,274 sqrm. The value of this investment comes to € 30 per square meter of covered area. The type of road leading to the property is tarmac secondary road. There is road frontage of 100 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 100 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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