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Plot title share with division agreement in cul de sac road, area 894 sqrm, frontage 16 m, in the area of Akaki within Nicosia district. The land characteristics are: within planning zone H 2, has a build coefficient of 90.000% with covered coefficient of 50.00%, maximum building permissible height 8.30 meters, and maximum number of floors 2. Other characteristics of Plot: electricity, telephone, water connection. Τhe land area is 894 square meters. After getting relevant permits from the local authorities, you can build a building of total area 805 sqrm. The value of this investment comes to € 71 per square meter of covered area. Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, supermarket, childrens play area, Church. View: town. The type of road leading to the property is tarmac secondary road. Situated in a cul-de-sac, that is a no end road, means that there is no traffic outisde your future house. Ideal for kids to play. There is road frontage of 16 meters. The property has no VAT tax. This Plot has a Title Share with Division Agreement and so the division is already established and deposited at the District Land Registry. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 16 meters. Has distance from main higway 3.0 km. Has distance from from sea or beach of 25 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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