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This asset is a 25% share of two adjacent fields located in Strovolos Municipality, in Nicosia district.
The asset is located adjacent to the Kalamon Street, c. 320m south of the Mall of Cyprus, 200m southwest of the Nicosia general hospital and c. 540m east of the Nicosia - Limassol motorway.
The fields total 47,608sqm of which a 25% share equals c. 11,902sqm. The fields have an irregular shape and a flat even surface. The fields are under division which upon completion will result to 4 plots and 1 field. The 25% share on the fields will convert to a 100% share of a plot totalling 8.337sqm. The plot will have a rectangular shape and a flat even surface.
The immediate area comprises of industrial and large scale commercial units, like the Nicosia General Hospital, Super Home Centre, and the Mall of Cyprus. The property is located in a commercially attractive area with significant traffic flow and offers good access to the Nicosia city centre, Latsia municipality and other cities via the Nicosia - Limassol motorway.
The property is covered by all utility services (water, electricity and telecommunication)
The property falls within industrial planning zone ΕΠ5 with 100% building density, 50% coverage, and 2 floors.
THE PRICE IS SUBJECT TO VAT.
(1/4 share), 0/10332 (1/4 share)
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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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