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700 SQM Land
Faneromeni, Larnaca
Offers in the region of

€800,000  ($928,804)

SOLD IN 14 DAYS
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 8562187 (133182)
  • Plot: 700 sqm

Description

The property for sale concerns 2 adjacent commercial parcels in the parish of Agios Nikolaos, in the municipality of Larnaca. The properties are adjacent to Georgios Grivas Digenis Avenue and are located approximately 450 meters northwest of the Municipal Park.
As a single property, it is corner-shaped, rectangular in shape, with an even surface, and abuts public registered roads along its northeast and southeast borders, with frontages of approximately 22 and 30 meters, respectively.
The properties fall within Commercial Zone Eβ1 with a building density of 200%.
It should be noted that within the properties, some buildings are economically obsolete.
The properties are sold as a single unit with a total area of 700 sq m.

Title Deed Reg. Numbers: 12/736 (430 m2) & 12/737 (270 m21)
Quarter: Agios Nikolaos
Use: Commercial
Land area: 700 m2 (whole share)
Title deed: The property has a separate title deed
Not subject to VAT

Planning zone: Εβ1
Building Coefficient: 200%
Coverage Coefficient: 50%
Maximum Floors Allowed: 6
Maximum Building Height (m): 20,40

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€28,600 ($33,205)
If buying on joint names
€25,200 ($29,257)

Disclaimer - Property reference 8562187. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.