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Property 2201 Latsia, Nicosia / P-96540

A 500sqm Plot For Sale In Latsia, Nicosia. It Is Unfurnished And Has A Maximum Limit Of 3 Floors. It Has A Building Density Of 100% And A Coverage Ratio Of

  • Thumbnail 1 Property 2201 Latsia, Nicosia / P-96540

For Sale • Deal

175,000€

Estimated Mortgage

/month

500

Plot m2

Community

Property Type

Residential Land

Building Density

100%

Building Coverage

50%

District

Nicosia

Plot m2

500 m2

Land Type

Residential

Property Description

This is an excellent opportunity for someone looking to invest in a prime piece of land in Latsia, Nicosia. The plot measures 500 square meters in total and is currently unfurnished, providing the buyer with the opportunity to develop it according to their specific needs and preferences. The land is zoned as residential, making it ideal for the construction of a residential building. The maximum allowed floors for any building on this plot is three, which means you can plan for a multi-storey structure if you wish.

The building density is 100%, ensuring you can fully utilize the available space for construction. Meanwhile, the coverage ratio stands at 50%, indicating that half of the plot can be covered by the building's footprint. This provides a good balance between built-up area and open spaces, making it possible to include features like a garden or parking spaces. The location of the plot is quite favorable, situated on the central road of Latsia, close to Sklavenitis, a popular supermarket.

This brings the convenience of having amenities within easy reach. The price is set at 175,000 Euro, which is quite reasonable given the plot's size, location, and potential. It is also worth noting that the title deed for the land is readily available, ensuring a smooth and straightforward transaction. This plot of land offers the potential purchaser a fantastic investment opportunity in a desirable location.

Property Highlights

Unfurnished

Location

Property 2201 Latsia, Nicosia / P-96540
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

3,600 €

Transfer Fees Joint Names

2,675 €

Stamp Duty

258 €

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