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832 SQM Commercial Land
Strovolos, Nicosia
Offers in the region of

€485,000  ($563,063)

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: 0.8 Km

Tourist: 32.43 Km

Industrial: 0.15 Km

Agricultural: 1.57 Km

Farm: 7.57 Km

Key features

  • Listing ID: 1768092 (130758)
  • Plot: 832 sqm

Description

Commercial field in Apostolos Barnabas & Agios Makarios quarter, Strovolos municipality of Nicosia district. It is situated at a distance of approximately 425 meters southwest of Apostolos Barnabas Lyceum and approximately 80 meters west of the intersection of Spyros Kyprianou and Dimitris Vikelas Avenues. 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, which designates an increased demand for residential properties due to its attractiveness and accessibility. The field has a triangular shape and an even surface. It abuts a public registered road (Spiros Kiprianou Avenue) along its southern boundary with frontage of approximately 50 meters. According to the title deed, the property has a right of way (Nazoraiou Street) from neighbours' plots on its northern boundary. The property falls within the Commercial Zone Eβ4, having a building factor of 140% with 4 floors. 

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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
€16,000 ($18,575)
If buying on joint names
€12,600 ($14,628)

Disclaimer - Property reference 1768092. 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.