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Land with title deed, area 4,348 sqrm, just 2.5 km from highway, in the area of Akaki within Nicosia district. The land characteristics are: within planning zone G3, has a build coefficient of 10.000% with covered coefficient of 10.00%, maximum building permissible height 8.30 meters, and maximum number of floors 2. Τhe land area is 4,348 square meters. After getting relevant permits from the local authorities, you can build a building of total area 435 sqrm. The value of this investment comes to € 90 per square meter of covered area. 5 minutes from: nursery, primary school, supermarket, childrens play area, Church. View: mountain, country side/green area. The type of road leading to the property is right of passage. The property has no VAT tax. This Land has title deed ready. Has distance from main higway 2.5 km. Has distance from from sea or beach of 24 km.
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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