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7,871m² Commercial Plot for Sale in Nicosia District

  • Posted: 2 weeks ago
  • Modified: 1 week ago
  • Views: 2
  • €2 000 000
  • + VAT
  • Price per m² €254/m2
  • VAT Not Included in Price

    VAT for this property is or €380 000. VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

  • Title Deed Has Title
  • Title Transfer Fee No
Price History
  • Property Reference Number: 9474 
  • Property Type: Commercial Plot, Land and Plots
  • Condition: Brand New 

Plot / Area Info

  • Plot area: 7871m²
  • Building Density:90%

Location

  • District: Nicosia

Description

This is a large scale commercial corner plot, in STELMEK area, in Lakatameia, Nicosia.

The plot is extending to 7,871sqm, it has a regular shape with level topography and abuts onto public registered roads with frontage of approximately 175m. It is important to mention that the plot abuts onto pedestrian road along its eastern boundary.

It falls withing Commercial Zone Eβ with Building Coefficient 90% and Coverage Coefficient 45%.

The property has the potential for large scale mixed-use development which will convenience the needs of the residents of the surrounding area.

The surrounding area is mostly characterized by residential development, with many plot divisions and house developments. The STELMEK area is considered as one of the most promising residential areas of Nicosia.

  • €2 000 000
  • + VAT
  • Price per m² €254/m2
  • VAT Not Included in Price

    VAT for this property is or €380 000. VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

  • Title Deed Has Title
  • Title Transfer Fee No
Price History
  • Agency
  • R.N.:594 L.N.:154/E
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Additional Information

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