For Sale

Field in Galata, Nicosia

Property: 6955

€545,000

Status: Available

Sub Type: Field

Reg.No: 0/6392

Sheet: 37/12

Quarter / Block: / 0

Parcel: 305

ADD TO WISHLIST

Share Property

Description

The asset is a residential field in Galata, Nicosia. It is located approx. 560m northeast from Galata's centre and 300m west from the main road that connects the community with the surrounding areas. The asset has an irregular shape, an uneven surface and a sloping surface from the western into the eastern part of the field. The asset benefits from approx. 240m road frontage along its eastern border into Archiepiskopou Makariou III avenue. The asset is affected by the concession of an area of 4168sqm for road registration along the eastern border of the property. The immediate area is characterised by similar residential fields and some houses.
The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

Features

Land Registry

District: Nicosia
Municipality / Community: Galata
Reg.No: 0/6392
Sheet: 37/12
Parcel: 305
Zone: H4
Title Deed: Yes

Areas

Land Area: 31,773m²

Town Planning

Town Planning Zone: Residential
Building Density: 40%
Coverage Ratio: 25%
Max Floors: 2
Max Height: 8.3m

ENQUIRE