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Plot with title deed, area 95,980 sqrm, in the area of Potamia within Nicosia district. The land characteristics are: within planning zone A2, has a build coefficient of 90.000% with covered coefficient of 50.00%, maximum building permissible height 8.30 meters, and maximum number of floors 2. Τhe land area is 95,980 square meters. After getting relevant permits from the local authorities, you can build a building of total area 86,382 sqrm. The value of this investment comes to € 9 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. Completion of sale with the transfer of the title deed at District Land Registry.
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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