Description
Key Features
- Property: two residential fields, 10,939 m² in total
- Planning zone: Η6α, Η4 (residential)
- Building density: 25% / 40% | Coverage: 15%, 25%
- Max floors: 2 | Max height: 8.3 m
- Title deed: Available
- Price: Black Friday price €185,000 (asking price was €315,000), plus VAT
Description
Two Residential Fields totalling 10,939 m² for sale in Kato Pyrgos, Nicosia, offered in the Black Friday campaign at €185,000 plus VAT, down from an asking price of €315,000.
This property consists of two adjoining fields in Kato Pyrgos, Nicosia.
The property is located c. 500m east of Kato Pyrgos center and 300m south of the nearest coastline.
The property has an area of c. 10,939 m² (1/2 share of 8,465 m² and 6,706 m²), has an irregular shape with a sloping surface and is landlocked. The property is affected by compulsory requisition of 2,144 m². There is no distribution agreements in place.
The immediate area comprises undeveloped parcels of land.
The property falls within two residential planning zones:
- H6α with 25% building density, 15% coverage, 2 floors and a maximum height of 8,3m.
- H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.
Black Friday terms: the promotional price is firm and final, and only offers at this price are accepted. The buyer signs an agreement within 15 working days with a 25% down payment, and the sale completes within 21 working days of signing.
Quick Answers
- Where is the property? In Kato Pyrgos, Nicosia. The property is located c. 500m east of Kato Pyrgos center and 300m south of the nearest coastline.
- Does it have a title deed? Yes.
- Is VAT payable? Yes, the price is subject to VAT.
- Is it furnished? Not applicable (land).
About Properway
Properway is a licensed real estate agency in Cyprus, offering sales, lettings and property management.
Estate Agent Registration No. 1399 | Licence No. 625/E.
All urban features must be checked with the proper authorities.