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1600 SQM Land for sale in Latsia, Nicosia

Latsia, Nicosia, Cyprus
1600 SQM Land for sale in Latsia, Nicosia 920 Latsia
2000000 €2,000,000  ($2,140,411)
1600 SQM Land
Latsia, Nicosia

€2,000,000  ($2,140,411)

Bank Owned Property

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $74,914

Average Bank Rate (€2,000,000)
1 USD = 0.9028 EUR
$2,215,325

Mid-market rate (€2,000,000)
1 USD = 0.9344 EUR
$2,140,411

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1105204 (9006)
  • Plot: 1600 sqm
  • Zone
  • Building Factor: 140%
  • Cover Factor: 50%

Description

The property is a commercial field in Latsia. It benefits from a prime location. It abuts to Giannou Kranidioti avenue with a road frontage of 60m and to Arch. Makariou III with road a frontage of 50m.

The field has a total land area of 1,600sqm.

The immediate area of the properties is mainly characterized by commercial and mixed-use developments providing immediate access to the highway, with the Mall of Cyprus and Nicosia General Hospital moments away.

The Property is jointly owned by Gordian Holdings Limited (“Gordian”) and third party co-owner (“Joint Owner”). Gordian has been duly authorized by the Joint Owner of the Property to advertise the Property for sale. For the avoidance of doubt, Gordian is not a real estate agent and does not provide any real estate agent’s services nor does it operate as a legal or financial or other professional advisor. Further, no warranty is provided by Gordian with regards to the acceptance by the Joint Owner, of an offer for the purchase of the Property, nor any obligation is imposed on Gordian and/or the Joint Owner to respond to and/or consider and/or accept any offer for the purchase of the Property. The sale of the Property is subject to contract between Gordian and the Joint Owner of the Property as seller and the successful tenderer as buyer.

Gordian Holdings Limited’s share was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

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Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€3,908 ($4,182)
If buying on joint names
€3,908 ($4,182)
Transfer fees
If buying as an individual
€76,600 ($81,978)
If buying on joint names
€73,200 ($78,339)

Disclaimer - Property reference 1105204. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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