Cyprus Real Estate Marketplace

260m² Building for Sale in Latsia, Nicosia District

  • Under Construction
  • 260m²
  • €790 000
  • + VAT
Price per m²
€3038/m²
VAT
Not Included in Price
VAT for this property is €86,292 (Reduced 5% rate) or €150,100 (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
No
  • Ref. #: SA35170
  • Plot area: 6067m²
  • Building Density:80%
  • Covered Veranda: 61 m²
  • Internal Area: 260 m²

Reference ID: #SA35170Price details: €790,000 +VATField in Agios Georgios Quarter in Latsia Municipality, In Nicosia District.The property enjoys excellent access to the city of Nicosia, the Municipality center and to all necessary amenities and services.The property has a rectangular shape with an even surface, it abuts a registered road on its northwestern boundary with a frontage of approximately 50 meters. It is worth noting that the property abuts a government land .Within the property there is a ground floor house and an incomplete upper floor house. The ground floor house was constructed in 1992. The area of the internal spaces is 260 sqm (approx.), the covered verandas 61 sqm (approx.) and the basement 42 sqm (approx.).The upper floor house remains incomplete. The completed construction works include the construction of the structure and the roof. The area of the upper floor house is 160 sqm (approx.).The house was built on a field of approximately 6.067 sq.m. and it falls within the Special Use Zone EX2 with a building density of 80%. The above planning zone allows the construction of offices, sports facilities, leisure/entertainment facilities, showrooms and other specialized developments. Residential development and plot separation are also allowed.It is noted that the house is placed on the southeastern part of the field leaving the northwestern part empty for future developments.

  • €790 000
  • + VAT
Price per m²
€3038/m²
VAT
Not Included in Price
VAT for this property is €86,292 (Reduced 5% rate) or €150,100 (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
No
  • Agency
  • R.N.:1109 L.N.:317/E
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