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28,987 SQM Residential Land
Pigenia, Nicosia
Offers in the region of

€1,800,000  ($2,094,687)

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

Residential (Η4)

Description: Residence (Κατοικια)

Coverage: 0.25

Density: 0.4

Height: 8.3 meters

Allowed stories: 2

Development description: Policy Statement (Excluding Area 9) (Δηλωση Πολιτικης (Χωρ. Περιοχη 9))


Nearby planning zones

Commercial: 24.56 Km

Tourist: 17.25 Km

Industrial: 2.32 Km

Agricultural: 1.27 Km

Farm: 8.13 Km

Key features

  • Listing ID: 899896 (41842)
  • Plot: 28987 sqm

Description

This asset comprise of three adjoining fields in Pigenia, Nicosia. The asset is located c. 800m southwest of Kato Pyrgos fishing shelter and c. 300m south of Pomos – Kato Pyrgos coastal road. The asset has a total are of 28,987sqm. The three fields along with a fourth adjacent field (not part of the asset for sale) are under a land division process. According to the distribution agreement once the division process is complete the three fields will translate to 30 residential plots. The plots will have an average area of 620sqm and will benefit from a road frontage. The immediate area comprises of undeveloped parcels of land and some scattered residential developments. The asset falls within residential planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m. THE PRICE IS SUBJECT TO VAT. Reg. No.: 0/6219 (10,703sqm), 0/4954 (17,726sqm), 0/6254 (558sqm)

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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
€68,600 ($79,831)
If buying on joint names
€65,200 ($75,874)

Disclaimer - Property reference 899896. 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.