FOR SALE - €790,000 - REF. NO. RM42225

This asset comprises of four and a 1/2 share under division plots and a field in Lakatameia, Nicosia.

The asset is located just west of Gianni Kranidioti Avenue, c. 400km east of Social Welfare Services Headquarters and c. 1km south of Melinas Merkouri Avenue.

The asset is a 5,608sqm under division field. Once the division process is completed, the BoC share of 1903/2000 will translate into:

-Plot No.1 of 543sqm.

-Plot No.2 of 546sqm.

-Plot No.3 of 557sqm.

-Plot No.4 of 565sqm.

-1/2 share of Plot No.5 of 264sqm.

-and a field of 554sqm.

The plots and field will benefit from a frontage along Alexandreias Street and Panagias Acheiropoiitou Street.

The immediate area comprises of residential developments and enjoys great accessibility towards Nicosia city center.

The field falls within two planning zones:

-c. 5,496sqm fall into residential planning zone Κα7 with 80% building density, 45% coverage, 2 floors and a maximum height of 10/8,3m.

-c. 112sqm fall into protection planning zone Δα1 with 0,5% building density, 0,5% coverage, 1 floors and a maximum height of 5m.


Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 16/06/2023.

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