1900 m2
N/A
Land
Yes
NO
Εβ3
50%
160%
17.4m
5
This
exceptional property is located within Commercial Zone Eβ3, offering
outstanding potential for a variety of commercial or mixed-use developments.
The zoning allows a maximum building Density of 160% and a coverage of 70%, with a construction permitted of up to
six floors. With a road frontage of 90 meters.
These development parameters provide excellent flexibility for creating modern retail spaces, office buildings, or mixed-use projects. Situated in a prime commercial area, the property presents an ideal opportunity for investors and developers seeking to capitalize on its high development potential and strategic location.
VAT Information
The acquisition structure offers flexibility depending on the buyer’s preferences. If the purchase is completed through the acquisition of the (holding company) that owns the property, the transaction is not subject to VAT, as share transfers are VAT-exempt also no stamp duty will apply at the Land registry.
For a viewing and further details please feel free to contact our agent.
This
exceptional property is located within Commercial Zone Eβ3, offering
outstanding potential for a variety of commercial or mixed-use developments.
The zoning allows a maximum building Density of 160% and a coverage of 70%, with a construction permitted of up to
six floors. With a road frontage of 90 meters.
These development parameters provide excellent flexibility for creating modern retail spaces, office buildings, or mixed-use projects. Situated in a prime commercial area, the property presents an ideal opportunity for investors and developers seeking to capitalize on its high development potential and strategic location.
VAT Information
The acquisition structure offers flexibility depending on the buyer’s preferences. If the purchase is completed through the acquisition of the (holding company) that owns the property, the transaction is not subject to VAT, as share transfers are VAT-exempt also no stamp duty will apply at the Land registry.
For a viewing and further details please feel free to contact our agent.
ststylianou@starmax.cy
