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633 SQM Commercial Plot for sale in Pallouriotissa, Nicosia

Pallouriotissa, Nicosia, Cyprus
633 SQM Commercial Plot for sale in Pallouriotissa, Nicosia 300 Pallouriotissa
660000 €660,000  ($706,802)
633 SQM Commercial Plot
Pallouriotissa, Nicosia

€660,000  ($706,802)

SYNERGY REAL ESTATE

SYNERGY REAL ESTATE

Reg.No: 1150 / Licensed No: 567/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 $24,738

Average Bank Rate (€660,000)
1 USD = 0.9022 EUR
$731,540

Mid-market rate (€660,000)
1 USD = 0.9338 EUR
$706,802

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: 0.23 Km

Tourist: 34.35 Km

Industrial: 2.05 Km

Agricultural: 6.27 Km

Farm: 10.42 Km

Key features

  • Listing ID: 1011335 (1789)
  • Plot: 633 sqm

Description

Commercial plot in a central location in Panagia quarter in Nicosia, at a distance of approximately 200 meters northwest of the “Athienitis” supermarket and 175 meters north of Larnakos avenue.

The plot has a rectangular shape and a level surface. It abuts onto an avenue along its eastern boundary with a total frontage of approximately 24 meters. Within the property there is a single-storey building that bares no economical value.

The property is located close to a plethora of services and amenities and it offers an excellent access to the city centre.

It is noted that the plot falls within the commercial zone EZ-α which allows the construction of an eight-storey building. In addition, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.

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
€1,228 ($1,315)
If buying on joint names
€1,228 ($1,315)
Transfer fees
If buying as an individual
€23,000 ($24,631)
If buying on joint names
€19,600 ($20,990)

Disclaimer - Property reference 1011335. 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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