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Pay in USD and save up to $14,517Residential land for sale in the area of Agios Dometios, Nicosia. A new building with a height of up to 3 floors can be built on the site, which can accommodate from 12 to 24 apartments, so the site is ideal for a developer who is looking for a new residential project in close proximity to the city center and not far from the University of Nicosia. It may be possible to obtain a permit for the construction of additional floors. Government subsidies may be available for development in the area. No VAT is charged for the buyer.Main features: Area: 604 m2, area: Ka4, building coefficient: 120%, coverage coefficient: 50%. Floors: 3, height: 13.5The site is located a short distance (about 5 minutes drive) from the University of Nicosia and is close to many amenities and services such as supermarkets, shops, restaurants, banks, as well as many amenities of central Nicosia. Ideal for investments.
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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