Property 2400 Engomi, Nicosia / L-105647
This Is A Lucrative Property Opportunity In Egkomi, Nicosia Consisting Of Mixed-use Plots. The Plots Are Suitable For Commercial And Residential Development,
6
For Sale • Deal
520,000€
Estimated Mortgage
/month
695
Plot m2
Overview
Property Description
This unique property opportunity is located in the beautiful community of Egkomi, within the municipality of Nicosia. It is a collection of five plots that are available for sale. The total size of the plots is 2,160 square meters, providing ample space for a mixed-use development. The zoning for these plots is commercial and residential (Zone EB5), which means they can be developed into several commercial establishments or residential spaces.
The building density is 120%, and the plots allow for up to 3 floors. The plots are conveniently located, providing easy access and are a short distance to the city center. They are also close to the European and Nicosia University and the Nicosia District Court. These factors make the plots an ideal setting for a medical center, offices, student halls or high-end luxury apartments.
The individual plots are priced separately at 520,000, 590,000 and 1,030,000 respectively, all subject to VAT. There is also an option to purchase all plots together at a price of 1,620,000, subject to VAT. This unique property opportunity is an ideal investment and development property, with the potential for a lucrative return. For more information on the prices, location and availability, please do not hesitate to contact me.
Property Highlights
Unfurnished
Location
50.05 kms
106.99 kms
1.17 kms
2.65 kms
2.73 kms
3.18 kms
3.49 kms
4.11 kms
4.18 kms
4.21 kms
4.34 kms
4.60 kms
4.75 kms
5.98 kms
6.59 kms
4.89 kms
5.11 kms
5.12 kms
5.44 kms
5.55 kms
5.82 kms
5.89 kms
6.15 kms
6.30 kms
6.84 kms
8.40 kms
9.24 kms
Transfer Fees
Transfer Fees Individual
17,400 €
Transfer Fees Joint Names
14,000 €
Stamp Duty
948 €