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1829 SQM Plot for sale in Pallouriotissa, Nicosia

Pallouriotissa, Nicosia, Cyprus
1829 SQM Plot for sale in Pallouriotissa, Nicosia 43 Pallouriotissa
Offers in the region of
3335000 €3,335,000 ($3,473,235)
1829 SQM Plot
Pallouriotissa, Nicosia
Offers in the region of
€3,335,000  ($3,473,235)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $121,563

Average Bank Rate (€3,335,000)
1 USD = 0.9277 EUR
$3,594,798

Mid-market rate (€3,335,000)
1 USD = 0.9602 EUR
$3,473,235

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: 830039
  • Plot: 1829 sqm
  • Zone

Description

A parcel of land with a total area of 1.829 sqm, located in Ayios Antonios quarter in Nicosia. It is adjacent to Meletiou Metaxaki Street on its western boundary, at a distance of few meters north of Digeni Akrita Avenue, and 170 meters north-east of the Digeni Aktrita-Kallipoleos Junction.

The property, as a plot, has a rectangular shape with an extensive frontage to the street of 67 metres. Its surface is flat and even.

It is noted that currently, on the site, there is a building with no economic value that will be demolished.

The property falls within the commercial pplanning zone Εα3 with a maximum building density coefficient of 200% and a land coverage coefficient of 40% over 10 floors and 38 metres height. 

The immediate area of the property consists of a mixture of residential and commercial developments such as buildings consisting of shops, restaurants and showrooms on the ground floor and offices or apartments on the upper floors. The property enjoys easy access to the wider city of Nicosia and the surrounding areas. 

Given its large area, excellent location and easy access, is suitable for commercial /residential development, benefiting from high volumes of traffic. Another advantage of the asset, as a building plot, may benefit from increased building density by taking advantage of various government incentives. 

The asset is currently leased.

Owner: Nolory Properties Ltd



All urban features must be checked with the proper authorities. The Bank has the right to review selling prices without any prior notice.

A parcel of land with a total area of 1.829 sqm, located in Ayios Antonios quarter in Nicosia. It is adjacent to Meletiou Metaxaki Street on its western boundary, at a distance of few meters north of Digeni Akrita Avenue, and 170 meters north-east of the Digeni Aktrita-Kallipoleos Junction.

The property, as a plot, has a rectangular shape with an extensive frontage to the street of 67 metres. Its surface is flat and even.

It is noted that currently, on the site, there is a building with no economic value that will be demolished.

The property falls within the commercial pplanning zone Εα3 with a maximum building density coefficient of 200% and a land coverage coefficient of 40% over 10 floors and 38 metres height. 

The immediate area of the property consists of a mixture of residential and commercial developments such as buildings consisting of shops, restaurants and showrooms on the ground floor and offices or apartments on the upper floors. The property enjoys easy access to the wider city of Nicosia and the surrounding areas. 

Given its large area, excellent location and easy access, is suitable for commercial /residential development, benefiting from high volumes of traffic. Another advantage of the asset, as a building plot, may benefit from increased building density by taking advantage of various government incentives. 

The asset is currently leased.

Owner: Nolory Properties Ltd



All urban features must be checked with the proper authorities. The Bank has the right to review selling prices without any prior notice.

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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
€6,578 ($6,850)
If buying on joint names
€6,578 ($6,850)
Transfer fees
If buying as an individual
€130,000 ($135,388)
If buying on joint names
€126,600 ($131,848)

Disclaimer - Property reference 830039. 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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