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89,420 SQM Agricultural Land
Nisou, Nicosia
Offers in the region of

€7,300,000  ($8,475,590)

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

Agricultural (ΓΑ4)

Description: Agricultural Zones/Revitalized Areas (Αγροτικες Ζωνες/Περιαστικες Περιοχες)

Coverage: 0.1

Density: 0.1

Height: 7 meters

Allowed stories: 2

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


Nearby planning zones

Residential: 1.62 Km

Commercial: 1.1 Km

Tourist: 25.94 Km

Industrial: 0.27 Km

Agricultural: 0.34 Km

Farm: 2.34 Km

Key features

  • Listing ID: 830326 (17083)
  • Plot: 89420 sqm

Description

This asset consists of five adjoining fields in Nisou. The asset is located adjacent to the Nicosia - Limassol motorway on its east boundary, a few meters from the Tseri exit. The five fields have a combined area of 89,420sqm, an irregular shape and benefit from a road frontage of 150m along a public registered. The asset qualifies for unified large scale developments as specified by chapter 20 of the local plan of south Nicosia. The asset is affected by a compulsory purchase. The wider area of the asset comprises warehouses and industrial units, part of the Dali industrial, and of agricultural land. The property has the potential to be covered by all essential services (electricity, water and telecommunications). The asset falls into three planning zones: - Γα4 with 10% building density, 10% coverage, 2 floors and a maximum height of 7m. - Δα2 with 1% building density, 1% coverage, 1 floors and a maximum height of 5,5m. - Δα4 THE PRICE MAY BE SUBJECT TO VAT. Reg. No. 2/95 (3,800sqm), 0/2161 (6,700sqm), 0/2164 (690sqm), 0/2168 (10,250sqm), 0/2175 (67,980sqm)

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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
€288,600 ($335,076)
If buying on joint names
€285,200 ($331,129)

Disclaimer - Property reference 830326. 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.