FOR SALE - €810,000 PLUS VAT - REF. NO. RM29438

This asset consists of a field in Pano Deftera, Nicosia.

The field is located c. 130m east of Machaira Avenue, and c. 1km south of Pano Deftera’s community center.

The asset totals 10,530sqm with a rectangular shape and benefits from c. 57m of road frontage from a registered road (east border).

The asset has acquired planning & land division permit for its division into 13 plots, expiring 29/12/2022.

The immediate area can be characterized mainly as residential as it is surrounded by several residential developments with many unutilized parcels of land in the greater vicinity.

The asset has the potential to be covered by all utility services (electricity, water and telecommunications).

The asset falls within residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m.

THE PRICE IS SUBJECT TO VAT

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.