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790 SQM Commercial Plot
Strovolos, Nicosia
Offers in excess of

€580,000  ($673,383)

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 (ΕΒ3)

Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)

Coverage: 0.5

Density: 1.6

Height: 24 meters

Allowed stories: 6

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


Nearby planning zones

Residential: 0.4 Km

Commercial: 0.9 Km

Tourist: 34.8 Km

Industrial: 2.42 Km

Agricultural: 3.58 Km

Farm: 6.79 Km

Key features

  • Listing ID: 959174 (42095)
  • Plot: 790 sqm

Description

This asset is a plot in Strovolos, Nicosia. The plot is adjacent to Strovolou Avenue, c. 600m southwest of the Ministry of Defense and c. 1km northeast of METRO roundabout. The asset has an area of 790sqm and benefits from a road frontage of c. 21m along Strovolou Avenue on its east border. The immediate area of the asset comprises of residential and commercial developments. It enjoys good accessibility towards Nicosia city centre. The property falls within two planning zones: -c. 719sqm fall into commercial planning zone Εβ3 with 160% building density, 50% coverage, 6 floors and a maximum height of 24/20,4m. -c. 71sqm fall into residential planning zone Κα5 with 100% building density, 50% coverage, 3 floors and a maximum height of 13.5m. THE PRICE IS SUBJECT TO VAT. Reg. No.: 0/13413

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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
€19,800 ($22,988)
If buying on joint names
€16,400 ($19,040)

Disclaimer - Property reference 959174. 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.