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Property Overview

LUXURUS HOUSE FOR SALE

Price: EUR 2800000
Location: nicosia, CYPRUS
Property Type: House
Ad Type: Buy-Sell

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Property Details

LUXURUS HOUSE FOR SALE

Development property near airport, shopping

center, 4 km from Tallinn (see map).
For more info ***.topmark.ee

The property s name is `Vana-Kustakse I` and

offers an unique investment opportunity to develop on a manageable (smaller) scale. The property measures 1.48 ha (14.800 m2

/ 3,66 acre). It comes with a fully approved detail planning (see Detail planning), building plans and licenses for

construction of infrastructure. The property has been divided (and registered) into 8 residential plots (see Cadastre info on

the individual plots) of 1500m2 each (0,37 acre) on which residences can be constructed with a maximum footprint of 250m2, 2

floors, 8,5 m high, additionally 2 outbuildings may be constructed. A preliminary draft of a house (municipality approval

would take ca. 2 weeks) is included in the sale (see drawings). Electricity is available for each plot (3x16Amp), water,

sewerage and drainage are in place at the edge of the project. If required gas could be supplied from the nearby mains. A

geology report is available and construction of foundations and infrastructure poses no problem.

The property is

located just outside the Tallinn City border close to the Tallinn-Tartu highway in an area called Järveküla

küla in the parish of Rae. The area is under development and is described as the new suburb of Tallinn. Many new

developments are planned for the near future including a recreational center, hotels, shopping centers etc. Being close to

the airport (4 minutes by car), but outside the flight path of arriving and leaving airplanes, is another convenience factor.

Infrastructure in the area such as tarred roads and streetlights are presently constructed.

Though we are selling this

property as one project it would be possible to discuss a partial sale.

Price: 8,500.000,- EEK + VAT ( ? 543.270,- /

? 367.690,-) reference Vana-Kustakse I

Per m2: 574,32 EEK + VAT ( ? 36,71 / ? 24,84)


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