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Property 1110 Nicosia / P-104974

This Is A 384 Square Meters Plot Located In The Heart Of The Faneromeni Community, Nicosia. The Property Is Currently For Sale And Is Not Furnished. The Land

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For Sale • Deal

1,000,000€

Estimated Mortgage

/month

384

Plot m2

Community

Property Type

Residential Land

Building Density

280%

Building Coverage

70%

District

Nicosia

Plot m2

384 m2

Property Description

This is a 384 square meters plot located in the heart of the Faneromeni community, Nicosia. The property is currently for sale and is not furnished. The land is zoned for commercial use and has a maximum floor allowance of 10 stories. The building density is at an impressive 280% with a coverage ratio of 70%.

This makes it an ideal investment opportunity for commercial development. The location of the land is highly desirable, being in the center of Nicosia. This adds to its investment potential as the area is a hub for commercial activities. The property subtype is a plot and it's ready for development.

Property Highlights

Unfurnished

Location

Click to see the location

Property 1110 Nicosia / P-104974
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

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Transfer Fees

Transfer Fees Individual

36,600 €

Transfer Fees Joint Names

33,200 €

Stamp Duty

1,908 €

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