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1,060 SQM Land
Strovolos, Nicosia
Offers in the region of

€680,000  ($789,449)

SOLD IN 6 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: 1701231 (130509)
  • Plot: 1060 sqm
  • Not subject to VAT

Description

The property for sale concerns 2 commercial abutting fields, in Agios Vasileios quarter, of Strovolos municipality, in Nicosia District. The property abuts  Aristophanous street, it is located approximately 350 meters south from Stavrou Avenue and approximately 500 meters northeast from the primary school of Konstantinoupoleos.The properties are ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, the properties have excellent access to the motorway and the center of the municipality. It is an excellent location which designates an increased demand for residential/commercial properties due to its attractiveness and accessibility.As a single unit, It has a regular shape and an even surface. It abuts onto a public registered road along its western boundary with frontage of approximately 43 meters.The properties fall within the Commercial Town Planning Zone Εβ6 which allows for the development of a three-storey building with a building factor of 100%. It is also suitable for a Mixed-use development.Within the property, there are some economically obsolete buildings and metal structures.The properties are sold as a single unit with total area  of 1.060 sqm.

Use: Commercial
Land area: 1,060 m2 (whole share)
Title deed: The property has a separate title deed
Planning zone: Εβ6
Building Coefficient: 100%
Coverage Coefficient: 50%
Maximum Floors Allowed: 3
Maximum Building Height (m): 13,50
Not subject to VAT

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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
€23,800 ($27,631)
If buying on joint names
€20,400 ($23,683)

Disclaimer - Property reference 1701231. 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.