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Property 2201 Latsia, Nicosia / L-121390

This Is A Commercial Land For Sale Located In Latsia, Nicosia. It Is In Close Proximity To Lemon Park, Offering Good Access To The City Center And Amenities.

  • Thumbnail 1 Property 2201 Latsia, Nicosia / L-121390
  • Thumbnail 2 Property 2201 Latsia, Nicosia / L-121390
  • Thumbnail 3 Property 2201 Latsia, Nicosia / L-121390
Photos 3

For Sale • Deal

685,000€

Estimated Mortgage

/month

6225

Plot m2

Community

Property Type

Residential Land

Building Density

80%

Building Coverage

45%

District

Nicosia

Plot m2

6225 m2

Property Description

The property for sale is a commercial plot of land situated in a desirable location within the Agios Georgios Quarter in Latsia Municipality, Nicosia. It is conveniently located a short distance southeast of the Lemon Park. The plot boasts good accessibility to the city of Nicosia, the center of the Municipality, as well as all necessary services and amenities. The property has an almost rectangular shape and a level surface.

It borders a public road along its southwestern boundary. On the property, there are buildings, however, these do not hold any economic value. The planning zone is EX2, with a building density of 80% and a coverage coefficient of 45%. It allows for a maximum of 2 floors.

The property falls within the special uses zone 2, which offers a wide range of development possibilities such as offices, sports amenities, and leisure amenities. It is worth noting that residential development and the division of residential plots is also allowed. This is a great investment opportunity for development property in a prime location.

Property Highlights

Unfurnished

Location

Property 2201 Latsia, Nicosia / L-121390
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

24,000 €

Transfer Fees Joint Names

20,600 €

Stamp Duty

1,278 €

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