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Plot title whole share area 1,032 sqrm, frontage 27 m, in the area of Nicosia (center), Lefkosia within Nicosia district. It is within close proximity to: Agioi Omologites and Agioi Omologites. The land characteristics are: within planning zone KG2, has a build coefficient of 160.000% with covered coefficient of 50.00%, maximum building permissible height 24.00 meters, and maximum number of floors 6. Τhe land area is 1,032 square meters. After getting relevant permits from the local authorities, you can build a building of total area 1,651 sqrm. The value of this investment comes to € 845 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. View: town. The type of road leading to the property is tarmac secondary road. There is road frontage of 27 meters. The property has no VAT tax. This Plot has a Title Whole Share and so the new owner can utilise it as he pleases. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 27 meters.
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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