€730,000 $793,620
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Pay in USD and save up to $27,777Planning Zone
Commercial (ΕΒ3)
Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.6
Height: 24 meters
Allowed stories: 6
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Nearby planning zones
Residential: 0.13 Km
Commercial: 0.61 Km
Tourist: 34.05 Km
Industrial: 2.36 Km
Agricultural: 3.75 Km
Farm: 9.29 Km
Key features
- Listing ID: 1548345 (SA27119)
- Plot: 604 sqm
Description
Reference ID: details: €730,000 +VATCorner commercial plot in a lively and popular location in Agios Demetrios quarter of Strovolos Municipality. The property is ideally situated close to an abundance of amenities and services such as supermarkets, restaurants, schools, cafes etc. In addition, it enjoys excellent accessibility to the Nicosia city center while the Makarios Hospital is only a short drive away. The vicinity of the property designates an increased demand for properties due to its attractiveness and accessibility.The plot has a regular shape and a level surface. It has an extensive road frontage along its southwest boundary with total frontage of approximate 47 meters. It is noted that the property is subject to compulsory acquisition of an area of 107 sqm (approx.). The large frontage of the property onto two public roads is considered as an advantage. The plot is suitable for the development of a commercial or mixed-use building.It is considered as an appealing opportunity for a land developer or an individual.It is noted that the property is currently occupied.
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.
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