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185 SQM Commercial Plot for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
185 SQM Commercial Plot for sale in Nicosia Municipality, Nicosia 1313 Nicosia Municipality
185000 €185,000  ($192,733)
185 SQM Commercial Plot
Nicosia Municipality, Nicosia

€185,000  ($192,733)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/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 $6,746

Average Bank Rate (€185,000)
1 USD = 0.9274 EUR
$199,479

Mid-market rate (€185,000)
1 USD = 0.9599 EUR
$192,733

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-Κ)

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)


Nearby planning zones

Residential: 0.35 Km

Tourist: 34.48 Km

Industrial: 3.18 Km

Agricultural: 5.67 Km

Farm: 10.2 Km

Key features

  • Listing ID: 1266936 (134206)
  • Plot: 185 sqm

Description

Plot with title deed, area 185 sqrm, in the area of Nicosia (center), Lefkosia within Nicosia district. It is within close proximity to: Ledras (center). The land characteristics are: within planning zone Kaa, has a build coefficient of 140.000% with covered coefficient of 70.00%, maximum building permissible height 8.00 meters, and maximum number of floors 2. Τhe land area is 185 square meters. After getting relevant permits from the local authorities, you can build a building of total area 259 sqrm. The value of this investment comes to € 714 per square meter of covered area. The type of road leading to the property is tarmac secondary road. The property has no VAT tax. This Plot has title deed ready. INVESTMENT OPPORTUNITY IN THE OLD TOWN. is a plot area of 185 sqm and a building factor of 120%. The plot is located within Nicosia's Walls (500 meters from Eleftheria Square) in a very good location suitable for many uses. The property has Final Permits for a two-storey mezzanine building with offices on the ground floor, auxiliary spaces on the mezzanine floor and a home on the floor, and a parking space (paid to the Municipality of Nicosia) AND IS READY FOR DIRECT DEVELOPMENT. The areas of the spaces are: · Ground floor area of 135 sqm. · mezzanine area of 90 sqm. · Floor / Apartment area of 110 sqm.

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
€278 ($289)
If buying on joint names
€278 ($289)
Transfer fees
If buying as an individual
€4,000 ($4,167)
If buying on joint names
€2,925 ($3,047)

Disclaimer - Property reference 1266936. 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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