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Property 1110 Nicosia / P-116984

A 493 M² Corner Plot For Sale In The Panagia Quarter Of Nicosia. It Is Unfurnished And Located Near John Kennedy Avenue With A Total Road Frontage Of 40m. The

  • Thumbnail 1 Property 1110 Nicosia / P-116984

For Sale • Deal

165,000€

Estimated Mortgage

/month

493

Plot m2

Community

Property Type

Residential Land

Building Density

120%

Building Coverage

50%

District

Nicosia

Plot m2

493 m2

Land Type

Residential

Property Description

This property is a sizable 493 m² corner plot located in the desirable Panagia quarter of Nicosia. It is currently for sale and comes unfurnished. The plot is situated near the prominent John Kennedy Avenue, known for its accessibility and vicinity to various amenities. This strategic location offers excellent access to the Nicosia city centre, making it ideal for residential or investment purposes.

The total road frontage of the plot is 40 metres. The land is currently in a residential town planning zone, which further emphasizes its suitability for residential purposes. Furthermore, the property comes under the 'Investment Property' category, indicating its potential for high returns. The property is capable of supporting a three-storey structure, which can be advantageous for the construction of a multi-storey residential building.

It has a cover factor of 50.00, which can provide ample space for construction. The property also includes plus vat. The sale is to be handled by Gordian with reference number 8112. This plot represents a unique opportunity for those looking to invest in the thriving real estate market of Nicosia.

Property Highlights

Unfurnished

Location

Property 1110 Nicosia / P-116984
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

3,275 €

Transfer Fees Joint Names

2,475 €

Stamp Duty

240 €

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