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Pay in USD and save up to $24,283This asset consists of nine whole shares and a 1/10 share of ten adjoining fields in Analiontas, Nicosia.
The asset has a total combined area of 62,423sqm, an irregular shape with a slopping surface and benefits from road frontage of c. 50m along public registered dirt road. The field of c. 2,542sqm (1/10 share of 25,419sqm) and no distribution agreement in place.
The immediate area of the asset comprises of undeveloped land as well as some scattered residential developments.
The property is covered by all essential services (electricity, water and telecommunications).
The asset falls into two planning zones:
-Most of the asset falls into agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8.3m.
-73% of the one field falls into residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8.3m.
THE PRICE IS PARTIALLY SUBJECT TO VAT.
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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