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Address Estate Agents
688 SQM Commercial Plot
Agios Dometios, Nicosia

€480,000  ($557,312)

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!

Planning Zone

Commercial (ΕΒ4)

Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)

Coverage: 0.5

Density: 1.4

Height: 17 meters

Allowed stories: 4

Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)


Nearby planning zones

Residential: 0.39 Km

Tourist: 38.12 Km

Industrial: 6.09 Km

Agricultural: 2.32 Km

Farm: 9.84 Km

Key features

  • Listing ID: 8383573
  • Plot: 688 sqm
  • Title deeds available
  • Walking distance to bus service
  • Close to amenities
  • Older bungalow (built in 1955) - In need of DEMOLITION
  • Possibility of House or Commercial Building construction
  • No VAT

Description

INVESTMENT OPPORTUNITY!!!
Commercial plot of 688 sqm in Agios Dometios (Agios Georgios parish), Nicosia district. It is located at a distance of 200m (approx.) west of the ''Nicosia Horse Racing Club'', and 450m (approx.) north of the ''Agios Dometios'' Sport Center. This property has a regular shape and abuts a registered road. On this plot, there is the possibility of house or commercial building construction. Also, there is an older bungalow (built in 1955), which requires demolition. The plot falls within planning zone Εβ4 (Commercial) with a maximum building ratio of 140%, coverage ratio of 50%, on 4 floors, and a maximum height of 17m.


SPECIFICATIONS:

Planning Zone: Εβ4
Building Factor: 140%
Cover Factor: 50%
Height: 17 meters
Floors: 4

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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
€15,800 ($18,345)
If buying on joint names
€12,400 ($14,397)

Disclaimer - Property reference 8383573. 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.