FOR SALE - €730,000 PLUS VAT - REF. NO. RM16042

This field totaling 900 sqm with attractive commercial zoning is located in the Agios Mamas Area in Lakatamia, Nicosia.

It is situated adjacent to the Metro Roundabout and Strovolou Avenue.

The asset has a rectangular shape with a flat even surface and it has a frontage of circa 55m along Strovolou Avenue.

The asset can be accessed from its west border with Lapithou Road with a frontage of circa 28m.

The asset has a total area of 900 sqm of which circa 834 sqm falls within commercial zone Eβ3 and circa 66 sqm falls within commercial zone Εβ4.

The asset has excellent visibility from Strovolos Avenue and has the potential to be covered by all the utility services (water, electricity and telecommunication).

The immediate area consists of commercial buildings with showrooms on the ground floors and apartments/offices on the upper floors.

The wider area consists of middle income houses and apartments.

Assets in this area benefit from very good accessibility towards Nicosia city centre and towards the main municipalities of the city.

The property is zoned as both Eβ3 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24m and Eβ4 (commercial) with 140% building density, 50% coverage, 4 floors and a maximum height of 17m.

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.