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1,143 SQM Commercial Land
Aglantzia, Nicosia

€990,000  ($1,133,623)

Smart Assets Real Estate

Smart Assets Real Estate

Reg. No: 1109 | Lic. No: 317/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $39,677

Average Bank Rate (€990,000)
1 USD = 0.8438 EUR
$1,173,300

Mid-market rate (€990,000)
1 USD = 0.8733 EUR
$1,133,623

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

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: 0.34 Km

Tourist: 31.84 Km

Industrial: 1.06 Km

Agricultural: 3.79 Km

Farm: 8.02 Km

Key features

  • Listing ID: 1546703 (SA33136)
  • Plot: 1143 sqm

Description

Reference ID: details: €990,000 +VATThis prime commercial plot in Aglantzia, Nicosia, presents an exceptional investment opportunity. Spanning 1,143 square meters, the strategically located field is positioned a mere 150 meters from Aglantzia City Hall, ensuring proximity to administrative services. Additionally, it stands 1.1 kilometers away from the esteemed University of Cyprus and is conveniently situated within walking distance of the bustling junction of Larnakos and Aglantzias Avenues—recognized as the primary commercial arteries of the area, boasting vibrant commercial activity.With road frontage on both its northern and southern borders, the plot offers accessibility and visibility, making it an ideal location for commercial development. The asset's advantageous position not only facilitates easy access to the city center and major highways but also places it in close proximity to a comprehensive range of amenities.The plot comes with a favorable zoning plan, featuring a building density of 160%, coverage of 50%, a maximum height allowance of 24 meters, and the potential for constructing up to six floors. These parameters provide ample scope for the realization of a diverse range of commercial ventures, from retail establishments to office spaces or mixed-use developments.In essence, this commercial plot in Aglantzia is a strategic and versatile investment proposition, offering a harmonious blend of location advantages, development potential, and favorable zoning regulations.

For privacy reasons, the advertiser has not indicated the exact address.
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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
€36,200 ($41,452)
If buying on joint names
€32,800 ($37,558)

Disclaimer - Property reference 1546703. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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