Skip to main content

732 SQM Commercial Plot for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
732 SQM Commercial Plot for sale in Nicosia Municipality, Nicosia 2038 Nicosia Municipality
1290000 €1,290,000  ($1,382,558)
732 SQM Commercial Plot
Nicosia Municipality, Nicosia

€1,290,000  ($1,382,558)

Fox Smart Estate Agency Nicosia

Fox Smart Estate Agency Nicosia

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/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 $48,390

Average Bank Rate (€1,290,000)
1 USD = 0.9015 EUR
$1,430,948

Mid-market rate (€1,290,000)
1 USD = 0.9331 EUR
$1,382,558

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

Commercial (ΕΖ-Κ)

Description: Commercial Development Zone (Centre) - Outside The Walls (Ζωνη Εμπορικης Αναπτυξης(Κεντρου)-Εκτος Των Τειχων)

Coverage: 0.6

Density: 2

Height: 24 meters

Allowed stories: 6

Development description: Nicosia Center Area Local Plan (Σχεδιο Περιοχης Κεντρου Λευκωσιας)


Nearby planning zones

Residential: 0.08 Km

Tourist: 34.22 Km

Industrial: 2.73 Km

Agricultural: 5.63 Km

Farm: 9.99 Km

Key features

  • Listing ID: 1387721 (35010)
  • Plot: 732 sqm

Description

Location
This privileged commercial plot is situated in the heart of Nicosia City center, near the bustling Ayios Antonios Market and near the historical center of Nicosia. The area is a thriving business hub, hosting the head offices of major companies and experiencing high demand for office rentals. The plot offers convenient access to the Nicosia – Limassol highway, ensuring excellent connectivity.
Plot Characteristics
• Size: Generously spanning 732 sqm
• Zone: Commercial zone EZ-k
• Building Density: 200%
• Coverage: 60%
• Permissible Construction: Up to 6 floors with a maximum height of 24m
Advantages - Special Features
• Development Opportunities: Ideal for a range of development projects, including commercial buildings and corporate offices.
• Prime Location: Located in the prestigious business center of Nicosia.
• Seamless Transaction: The title deed is readily available.
• Existing Structure: There is an old house on the property that requires demolition.
Seize this exceptional opportunity to invest in a prime commercial plot with significant development potential in Nicosia's vibrant business district.
PRICE NEGOTIABLE

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
€2,488 ($2,666)
If buying on joint names
€2,488 ($2,666)
Transfer fees
If buying as an individual
€48,200 ($51,658)
If buying on joint names
€44,800 ($48,014)

Disclaimer - Property reference 1387721. 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.

We SOLD 869 properties in Nicosia Municipality and nearby areas! We know our local area and we can sell your property in record time and for the best price.