2,221m² Plot for Sale in Nicosia District

Property description

A residential field with a flat and even surface.The field has a south-western frontage of approximately 22 meters on a registered, public road.We are informed that the property extends to approximately 2,221 sq. m.The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.

Location

The field is located in the Municipality of Tseri in the district of Nicosia, under Land Reg. No. 10/280.The property is located approximately 90 meters east of the main road connecting the community of Analiontas and the Municipality of Tseri, and approximately 600 meters south of the Tseri Primary School.The immediate area of the property mainly consists of vacant plots of land and residential development.

Tenancy

Vacant possession. 

Zoning

The field falls within the “Κα6” Residential Zone, which allows 90% building coefficient, 50% building coverage, 2 floors and up to 10 meters height.

Accommodation

The land was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:Site area extending to approximately 2,221 sq. m.Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT is applicable to this sale – Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is subject to VAT as well as, the exact amount payable.