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232m² Plot for Sale in Nicosia

Posted: 1 day ago
Modified: 1 day ago

Under Construction
232m²

€40 000
+ VAT

The price above is the starting price of the property on the auction.

Price per m²

€172/m²

VAT

Not Included in Price

VAT for this property is €2,772 (Reduced 5% rate) or €7,600 (Full 19% rate). 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 Transfer Fee

Ref. #: 98533
Plot area: 232m²

Internal Area: 25 m²

Property description

Residential plot with a flat and even surface.The property has frontage to a registered road of approx. 8 m along its northwest boundary.There is a small room within the plot that extends to approximately 25 sq. m. of internal area.We are informed that the property extends to approx. 232 sq. m.

Location

The property is located within the Municipality of Nicosia, in Nicosia District, under Reg.No. 2/570.The property is situated on Arrenagogeiou Street, approximately 90 m. southwest of A & B Primary School of Kaimakli, and approximately 450 m. northeast of Frederick University. The immediate area of the property is mainly characterized by residential units such as houses and apartment buildings as well as schools, banks, and residential land.

Tenancy

Vacant Possession

Zoning

The property falls within the “Πα9” Residential Zone, which allows for 120% building coefficient, 70% building coverage, 2 floors and up to 7 m. 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 232 sq. m.Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable – Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.