Property 2660 Kokkinotrimithia, Nicosia / L-117504
Field For Sale In Kokkinotrimithia, Nicosia With Potential For Residential Development.
For Sale • Deal
580,000€
Estimated Mortgage
/month
6947
Plot m2
Overview
Community
Property Type
Residential Land
Building Density
60%
Building Coverage
35%
Property Description
This property is a plot of land located in Kokkinotrimithia area in Nicosia. It is a short drive away from the New Plaza and approximately 1km from the Kokkinotrimithia village center. The asset covers an area of 6,947sqm and boasts a frontage of 150m. There's an old, derelict structure along the field's eastern border.
After a compulsory purchase, the asset will be divided into two fields of 997sqm and 4,662sqm. The surroundings comprise both residential developments and undeveloped parcels of land. Furthermore, the asset falls within the residential planning zone H3 with a building density of 60%, 35% coverage, allows for 2 floors, and has a maximum height of 8.3m. This property holds immense potential for future residential development.
Property Highlights
Unfurnished
Location
58.97 kms
96.81 kms
Transfer Fees
Transfer Fees Individual
19,800 €
Transfer Fees Joint Names
16,400 €
Stamp Duty
1,068 €