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Building residential apartments, with built area of 445 sqrm, area 513 sqrm, in the area of Agios Dometios within Nicosia district. The Energy Efficiency Class of the building is E. The Building was constructed in 1960. The plot characteristics are: within planning zone Ka 4, has a build coefficient of 120.000% with covered coefficient of 50.00%, maximum building permissible height 13.50 meters, and maximum number of floors 3. Τhe plot area is 513 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 171 sqrm. Zone: Mainly residential area Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. View: town. The type of road leading to the property is tarmac secondary road. The investment is € 1,270 per covered square meter. If you also take into account that you also get a plot 513 sqrm then you can better understand the value. It appears that there is 28% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 171 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. Completion of sale with the transfer of the title deed at District Land Registry.
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.
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