Residential Land
1918 m² Plot

FOR SALE - €815,000 PLUS VAT - REF. NO. RM16098

The asset is located in the Agios Georgios Area of Latsia, Nicosia.

It is approximately 50m east from the Agiou Georgiou Church, 170m east from the junction of Giannou Kranidioti Avenue and Agiou Georgiou Street as well as 400 meters northeast from the Latsia Elementary School.

The field totals 1.918 sqm, falls into a dual planning commercial planning zone (Eβ3 – circa 1.018 sqm and Εβ5 – circa 900 sqm). The area falling into Eβ5 is also classified as within Commercial Axis III.

It has a rather trapezium shape, benefits from a flat even surface and road frontage of circa 38m (33m along Agiou Georgiou Street and 5m along Evoias Street).

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

The immediate area is characterised by commercial developments along Giannou Kranidioti Avenue and mid specification houses along the secondary roads.

The field is dual zoned as Eβ3 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24/20,4m and Eβ5 (commercial) with 120% building density, 50% coverage, 3 floors and a maximum height of 13,5/11,3m.

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

Plus VAT
Title Deeds Available
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