#5682
For Sale, Commercial Plot in Panagia, Nicosia
#5682
For Sale, Commercial Plot in Panagia, Nicosia
€620,000
633m²
200%
60%
Property Description
The property consists of Commercial plot for sale in Panagia, Nicosia.It has an area of 633sqm and has a road frontage of 22m. The plot falls within residential planning zone EZ-α with building density 200%, coverage factor 60%, 31m height and 8 maximum floors allowed.
In addition, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.
The plot offers close proximity to all amenities.
Property Info
Details
Areas
Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.