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Pay in USD and save up to $79,596Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 0.21 Km
Tourist: 33.46 Km
Industrial: 1.63 Km
Agricultural: 3.01 Km
Farm: 8.65 Km
Reference ID: details: €1,969,000A large piece of land consisting of three adjacent plots with a total unified area of 1.593 sqm.The asset benefits from an excellent location, close vicinity to the Nicosia city centre and other appealing characteristics such as flat and even surface.The asset holds a recently expired planning permit for a mixed used development consisting of a 3-storey building comprising: basement (33 parking spaces), 5 shops with mezzanine, 4 offices and 5 flats.The immediate area comprises of residential units (blocks of flats, detached and semi-detached houses) as well as shops, offices and mixed used developments The asset falls within the Commercial Planning Zone Εβ4, with building density coefficient of 140%, coverage coefficient 50%, in 4 floors.
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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