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11,288 SQM Commercial Land
Strovolos, Nicosia
Offers in the region of

€2,065,000  ($2,396,810)

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 (ΕΧ2)

Description: Special Use Zones (Ζωνες Ειδικων Χρησεων)

Coverage: 0.45

Density: 0.8

Height: 10 meters

Allowed stories: 2

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


Nearby planning zones

Residential: 0.47 Km

Commercial: 0.2 Km

Tourist: 30.88 Km

Industrial: 0.61 Km

Agricultural: 0.09 Km

Farm: 6.04 Km

Key features

  • Listing ID: 830342 (16170)
  • Plot: 11288 sqm
  • Walking distance to bus service
  • Title deeds available
  • Close to amenities

Description

This sizeable field of 11,203 sqm is located in Latsia, Nicosia.
It is situated in an attractive location approximately 110m east of the GSP Stadium and 230m north of the Latsia Roundabout.
The parcel falls into a dual planning zone: 7.506sqm in the special development zone EX2 and 3.697sqm in the agricultural zone Γα4.
It benefits from road frontage of circa 160m along Ifigeneias Street (east border) and has a smooth sloping surface.
The property has the potential to be covered by all the utility services (water, electricity, and telecommunication).
The immediate area is characterised by mid – high specification detached houses as well as blocks of flats, unutilised land plots and the Nuevo Campo (futsal pitch).
The wider area is mainly characterised by industrial developments.
The field is zoned as both EX2 (special development) with 80% building density, 45% coverage, 2 floors, and a maximum height of 10m, and Γα4 (agricultural) with 10% building density, 10% coverage, 2 floors, and a maximum height of 7m.
Title Deed Reg. No. : 0/9845

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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
€79,200 ($91,926)
If buying on joint names
€75,800 ($87,980)

Disclaimer - Property reference 830342. 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.