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Pay in USD and save up to $24,344- Apartment
✔ 2 Bed
✔ 3 W/C
✔ Internal Areas 190m2
✔Covered Verandas 43m2
- Land
✔Land Area 595m2
✔Zone Εβ4
✔Building Factor 140%
✔Cover Factor 50%
✔4 Floors
Commercial development or residential renovation opportunity in Strovolos, Nicosia. As a commercial plot, it has huge potential to be developed to a high rise commercial building, subject to acquiring the relevant permits, since it falls within the commercial planning zone Eβ4 with 140% building density and 50% coverage factor, 4 floors and 17m. height allowance.
Within the plot there is currently a house which consists of two floors and is divided to a ground floor apartment and an incomplete apartment on the first floor. There are also covered verandas of approximately 43 sq.m.
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.
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