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Corner commercial field for sale located in Strovolos, in Nicosia.
The field has an area of 1,984sqm and abuts onto a registered public road with a frontage of 72 meters (approx.). It has a rectangular shape and a level topography. West of the property there is an entrance & exit for vehicles, entering and exiting. Within the field there is a ground floor building, which used to operate as a car wash. The field has the potential to be developed into various uses. In the surrounding area there is an abundance of amenities and services, including shops, supermarkets, bakeries, the Mall of Cyprus, IKEA store and other amenities. In addition, the property has excellent access to the motorway. The asset falls within the Industrial/Commercial Planning Zone Βα3/ΒΕ1, with building density coefficient of 100%, coverage coefficient of 50% and maximum 2 floors. Not 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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