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Plot with title deed, area 1,580 sqrm, frontage 45 m, in the area of Kokkinotrimithia within Nicosia district. It is within close proximity to: Kokkinotrimithia and Kokkinotrimithia. The land characteristics are: within planning zone A2, 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. Τhe land area is 1,580 square meters. After getting relevant permits from the local authorities, you can build a building of total area 1,422 sqrm. The value of this investment comes to € 130 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, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. The type of road leading to the property is tarmac secondary road. There is road frontage of 45 meters. The property has no VAT tax. This Plot has title deed ready. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 45 meters. Completion of sale with the transfer of the title deed at District Land Registry.
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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