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This asset is a 25% share of two adjacent fields located in Strovolos. The fields total 47,608sqm of which a 25% share equals c. 11,902sqm. The fields have an irregular shape and a flat even surface. The fields are under division which upon completion will result to 4 plots and 1 field. The 25% share on the fields will convert to a 100% share of a plot totaling 8.337sqm. The plot will have a rectangular shape and a flat even surface. The property falls within industrial planning zone ΕΠ5 with 100% building density, 50% coverage, and 2 floors. Subject to 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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