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Pay in USD and save up to $5,398Concept Design Ground floor building in a residential area, in the Kapedes community of Nicosia District. It is located at a distance of about 555 meters southwest of Kapedes Primary School on the connecting road Kapedes - Monastery of Machairas. It has an irregular shape and adjoins a public registered road along its northwestern border with a total face of about 70 meters. The building was erected around the year 1994 and consists of an open-plan area and a kitchen area. Outside there is a yard and fencing. The area of the interior spaces amounts to 795 sq.m. (approx) and the land area is 4.435sq.m.The building is vacant and is an ideal choice for investment. There is a preliminary design (3D Render) available for the prospective development/conversion of the existing building. According to the design, the proposed building can be a restaurant, a banqueting center, or even a residence.
Year built: 1994
Title deed: The property has a separate title deed
Planning zone: Η3
Building Coefficient: 60%
Coverage Coefficient: 35%
Maximum Floors Allowed: 2
Maximum Building Height (m): 8,30
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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