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Plot with title deed, area 577 sqrm, frontage 24 m, in the area of Psimolofou within Nicosia district. The land characteristics are: within planning zone H 3, has a build coefficient of 60.000% with covered coefficient of 35.00%, maximum building permissible height 8.30 meters, and maximum number of floors 2. Τhe land area is 577 square meters. After getting relevant permits from the local authorities, you can build a building of total area 346 sqrm. The value of this investment comes to € 257 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, supermarket, childrens play area, gymnastics center, Church. The type of road leading to the property is tarmac secondary road. There is road frontage of 24 meters. The property has no VAT tax. This Plot has title deed ready. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 24 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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