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759 SQM Commercial Land for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
759 SQM Commercial Land for sale in Nicosia Walled Old City, Nicosia 232 Nicosia Walled Old City
330000 €330,000  ($359,172)
759 SQM Commercial Land
Nicosia Walled Old City, Nicosia

€330,000  ($359,172)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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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 $12,571

Average Bank Rate (€330,000)
1 USD = 0.8877 EUR
$371,743

Mid-market rate (€330,000)
1 USD = 0.9188 EUR
$359,172

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-ΕΝ)

Description: Intermediate Commercial Development Zones-Walled City (Ενδιαμεσες Ζωνες Εμπορικης Αναπτυξησ-Περιτειχισμενη Πολη)

Coverage: 0.7

Density: 1.6

Height: 11.5 meters

Allowed stories: 3

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


Nearby planning zones

Residential: 0.32 Km

Tourist: 35.01 Km

Industrial: 3.18 Km

Agricultural: 5.02 Km

Farm: 10.73 Km

Key features

  • Listing ID: 1578742 (9340)
  • Plot: 759 sqm

Description

This asset consists of three adjoining parcels of land in Agios Savvas within the walls of Nicosia.
The asset is located c. 150m north of “OXI” roundabout and c. 175m northeast of D’avilla Bastion.
The asset totals 759sqm, has an irregular shape with a flat even surface and benefits from a road frontage of 10m along Trikoupi Street and 2m along Maria Constantinidou Street.
The surrounding area comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.
The asset has the potential to be covered by all utility services (water, electricity and telecommunication).
The asset falls within planning zone ΕΖ-ΕΝ with building density coefficient of 160%, coverage coefficient 70%, in 2/3 floors and a maximum height of 8/11,5m.

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
€568 ($618)
If buying on joint names
€568 ($618)
Transfer fees
If buying as an individual
€9,800 ($10,666)
If buying on joint names
€6,550 ($7,129)

Disclaimer - Property reference 1578742. 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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