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Commercial Development for sale in Pano Lakatamia, Nicosia

Pano Lakatamia, Nicosia, Cyprus
Commercial Development for sale in Pano Lakatamia, Nicosia 997 Pano Lakatamia
2000000 €2,000,000  ($2,094,903)
Commercial Development
Pano Lakatamia, Nicosia

€2,000,000  ($2,094,903)

SOLD IN 1 DAY
Fox Smart Estate Agency Larnaca

Fox Smart Estate Agency Larnaca

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/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 $73,322

Average Bank Rate (€2,000,000)
1 USD = 0.9224 EUR
$2,168,225

Mid-market rate (€2,000,000)
1 USD = 0.9547 EUR
$2,094,903

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.

Key features

  • Listing ID: 1286690 (32309)

Description

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

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
€3,908 ($4,093)
If buying on joint names
€3,908 ($4,093)
Transfer fees
If buying as an individual
€76,600 ($80,235)
If buying on joint names
€73,200 ($76,673)

Disclaimer - Property reference 1286690. 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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