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Pay in USD and save up to $2,846Land title whole share area 12,970 sqrm, in the area of Politiko within Nicosia district. The land characteristics are: within planning zone D 1, has a build coefficient of 3.000% with covered coefficient of 1.00%, maximum building permissible height 5.00 meters, and maximum number of floors 1. Τhe land area is 12,970 square meters. After getting relevant permits from the local authorities, you can build a building of total area 389 sqrm. The value of this investment comes to € 180 per square meter of covered area. Zone: Characteristics as per local Development Plans. There is no official road leading to the property, you must ask for passage and road access. Please ask for further information and assistance. The property has no VAT tax. This Land has a Title Whole Share and so the new owner can utilise it as he pleases.
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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