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Large scale commercial corner plot, in Lakatamia Municipality in Nicosia District. It is situated in the wider area of Makedonitissa, west of the main road leading to the newly build ‘‘Nicosia Mall’’.
It has a regular shape with level topography and abuts onto public registered roads with frontage of approximately 175m. It is important to mention that the plot abuts onto pedestrian road along its eastern boundary.
The property has the potential for large scale mixed-use development which will convenience the needs of the residents of the surrounding area. It lies withing the Commercial Zone Eβ with Building Coefficient 90% and Coverage Coefficient 45%.
The surrounding area is mostly characterized by residential development, with many plot divisions and house developments. The STELMEK area is considered as one of the most promising residential areas of Nicosia.
Price plus vat
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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