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Agricultural field in the Community of Agioi Trimithias, in the District of Nicosia. Τhe property is located approximately 1.6 km. south of the “Nicosia Mall» shopping center and approximately 350 meters north of Agioi Trimithias Avenue. The property has an irregular shape and it is abutting on a public registered road (Eirinikou Road) on its eastern boundary with a frontage of approximately 115 meters. The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops, etc. In addition, it has excellent access to the motorway and the center of Nicosia. It is an excellent location that designates an increased demand for residential properties due to its attractiveness and accessibility. Within the property, there is an abandoned building that was erected around 2000. Specifically, the building was used as a private school (ex, Highgate) and consists of a basement and a ground floor. Externally, there is landscaping, a playground, a swimming pool, and parking spaces. The area of the ground floor is 565 sq m (approximately), the covered parking area is 65 sq m (approximately), and the basement is 290 sq m (approximately) . The building needs extensive renovation/maintenance and was erected on a field of approximately 11,414 sq m. The property is vacant. It is worth noting that the property is approximately 240 meters northwest of the nearest residential zone. The property falls within the Agricultural Zone Γ3 (99%) and Γα4 (1%), having a building density of 10%.
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.
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