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Plot with title deed, area 12,041 sqrm, in the area of Korakou within Nicosia district. 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 12,041 square meters. After getting relevant permits from the local authorities, you can build a building of total area 10,837 sqrm. The value of this investment comes to € 7 per square meter of covered area. The type of road leading to the property is registered off-road. The property has no VAT tax. This Plot has title deed ready.
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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