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Commercial plot title whole share area 640 sqrm, just 1 m from highway, in the area of Lakatameia, Lakatamia within Nicosia district. It is within close proximity to: Agiou Georgiou (Lakatameia) and Agiou Georgiou (Lakatameia). The land characteristics are: within planning zone Eb5, has a build coefficient of 120.000% with covered coefficient of 50.00%, maximum building permissible height 13.50 meters, and maximum number of floors 3. Other characteristics of Commercial Plot: electricity, telephone, water connection, connected to sewage system, corner - access from two roads. Τhe land area is 640 square meters. After getting relevant permits from the local authorities, you can build a building of total area 768 sqrm. The value of this investment comes to € 625 per square meter of covered area. Zone: Commercial and other central services. Walking distance from: bank, pharmacy, corner shop, bakery. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, Church. The type of road leading to the property is main road. There is road frontage of 50 meters. The property has no VAT tax. This Commercial Plot has a Title Whole Share and so the new owner can utilise it as he pleases. Is on the main higway (1 m).
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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