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Commercial plot with title deed, area 500 sqrm, in the area of Strovolos within Nicosia district. The land characteristics are: within planning zone Ka 5, has a build coefficient of 100.000% with covered coefficient of 50.00%, maximum building permissible height 14.00 meters, and maximum number of floors 3. Τhe land area is 500 square meters. After getting relevant permits from the local authorities, you can build a building of total area 500 sqrm. The value of this investment comes to € 980 per square meter of covered area. Zone: Mainly residential area The type of road leading to the property is tarmac secondary road. The property has no VAT tax. This Commercial Plot has title deed ready.
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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