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2,592 SQM Residential Plot for sale in Latsia, Nicosia

Latsia, Nicosia, Cyprus
2,592 SQM Residential Plot for sale in Latsia, Nicosia 915 Latsia
950000 €950,000  ($1,002,677)
2,592 SQM Residential Plot
Latsia, Nicosia

€950,000  ($1,002,677)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $35,094

Average Bank Rate (€950,000)
1 USD = 0.9154 EUR
$1,037,770

Mid-market rate (€950,000)
1 USD = 0.9475 EUR
$1,002,677

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.

Planning Zone

Residential (ΚΑ6)

Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)

Coverage: 0.5

Density: 0.9

Height: 10 meters

Allowed stories: 2

Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)


Nearby planning zones

Commercial: 0.52 Km

Tourist: 30.38 Km

Industrial: 0.67 Km

Agricultural: 0.55 Km

Farm: 5.55 Km

Key features

  • Listing ID: 1611809 (137369)
  • Plot: 2592 sqm

Description

Plot with title deed, within land of area 2, 592 sqrm, in the area of Latsia within Nicosia (Lefkosia) district. The land characteristics are: within planning zone Ka6, has a build coefficient of 90% with covered coefficient of 50%, maximum building permissible height 10.00 meters, and maximum number of floors 2. Other characteristics of Plot: electricity, via electricity poles, telephone, via telephone poles, water connection, connected to sewage system. Τhe land area is 2, 592 square meters. After getting relevant permits from the local authorities, you can build a building of total area 2, 333 sqrm, this comes to € 407 per square meter of covered area. The type of road leading to the property is tarmac secondary road. The property has no VAT tax. This Plot has title deed ready. Welcome to an incredible investment opportunity in a vibrant residential area that embodies the essence of serene living and community spirit. Nestled in a picturesque location, this expansive plot of land measures 2,592 square meters and offers the perfect foundation for your dream property. This land falls within the Ka 6 planning zone, providing a remarkable build coefficient of 90 percent and a covered coefficient of 50 percent. These impressive metrics allow you to create a space that is both functional and aesthetically pleasing. With a maximum building height of 10 meters and the possibility of constructing up to two floors, the potential for your vision is limitless. Imagine designing a beautiful residence or multifamily building that maximizes the area of 2,333 square meters once you obtain the necessary permits from local authorities. Your investment at a compelling price of €407 per square meter of covered area promises both value and opportunity. The property is wellequipped with essential amenities that ensure comfortable living. It boasts electricity supplied through nearby poles, telephone connections, and a reliable water supply. The plot is also connected to the sewage system, making it a convenient choice for future development. Access to your new property is effortless with a tarmac secondary road leading the way, providing smooth travel and accessibility for your future home or investment. Another significant advantage of this listing is that there is no VAT tax associated with the property, which presents a unique profit potential for the astute buyer. The title deed is ready, offering peace of mind and a streamlined process as you embark on this exciting opportunity. Living in this primarily residential area means embracing a lifestyle that balances tranquility with the vibrancy of community life. You will find yourself surrounded by friendly neighbors, parks, and open spaces that invite outdoor activities and family gatherings. The area is perfect for those who cherish a calm environment while still being close to local amenities and attractions. This property is more than just land it is an invitation to create a beautiful future. Whether you envision a stylish residence for your family or a lucrative investment in the growing housing market, the possibilities are endless. Do not miss this chance to invest in your future. Contact us today to schedule a viewing and take the first step towards realizing your vision in this enchanting residential area. Embrace the potential that awaits you.

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
€1,808 ($1,908)
If buying on joint names
€1,808 ($1,908)
Transfer fees
If buying as an individual
€34,600 ($36,519)
If buying on joint names
€31,200 ($32,930)

Disclaimer - Property reference 1611809. 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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