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669 SQM Residential Plot for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
669 SQM Residential Plot for sale in Nicosia Walled Old City, Nicosia 230 Nicosia Walled Old City
650000 €650,000  ($726,083)
669 SQM Residential Plot
Nicosia Walled Old City, Nicosia

€650,000  ($726,083)

LifeRealty

LifeRealty

Reg. No: 1234 / Licensed No: 603/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $25,413

Average Bank Rate (€650,000)
1 USD = 0.8649 EUR
$751,495

Mid-market rate (€650,000)
1 USD = 0.8952 EUR
$726,083

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

Residential (ΚΑ-Α)

Description: Residential Development Zone-Walled City (Ζωνη Οικιστικης Αναπτυξησ-Περιτειχισμενη Πολη)

Coverage: 0.7

Density: 1.4

Height: 8 meters

Allowed stories: 2

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


Nearby planning zones

Commercial: 0.26 Km

Tourist: 34.72 Km

Industrial: 2.93 Km

Agricultural: 6.05 Km

Farm: 10.51 Km

Key features

  • Listing ID: 1501456 (1249)
  • Plot: 669 sqm

Description

We present to you this magnificent residential plot spanning 669m², ideally positioned just a 7-minute drive from Nicosia's city center. Conveniently located near all essential amenities, including schools, banks, shops, and pharmacies, this prime location makes it an excellent investment opportunity.

According to the local town plan of Nicosia, the plot is situated in a commercial zone EZ-a, with a 200% building density and a 60% coverage allowance. This permits the construction of an 8-floor building up to 31 meters high. Additionally, the plot has the potential to secure an extra building factor through urban planning mechanisms.

With appropriate planning, this plot can be developed into a multi-story building for commercial use. It is particularly attractive to prestigious companies seeking an inspiring location to establish their business, offering a unique investment opportunity that ensures a luxurious and productive environment. Explore the potential of this exceptional plot and invest in a future of growth and success.

Contact us for further details and to schedule a viewing of this magnificent building plot!

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
€1,208 ($1,349)
If buying on joint names
€1,208 ($1,349)
Transfer fees
If buying as an individual
€22,600 ($25,245)
If buying on joint names
€19,200 ($21,447)

Disclaimer - Property reference 1501456. 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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