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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1.6
Height: 24 meters
Allowed stories: 6
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 0.23 Km
Tourist: 34.83 Km
Industrial: 3.72 Km
Agricultural: 5.11 Km
Farm: 10.27 Km
Discover a remarkable opportunity to invest in prime land located in a thriving urban center. Spanning an impressive 745 square meters, this plot is positioned within planning zone EZ d, offering exceptional development potential. The land boasts a generous build coefficient of 200 percent, allowing for a total built area of 1,490 square meters, ideal for both residential and commercial endeavors. With a covered coefficient of 60 percent and a maximum building height of 31 meters, you can create a stunning structure with up to eight floors. This property benefits from essential utilities, including electricity, telephone, water connection, and a sewage system, ensuring a seamless transition for any development project. Situated conveniently on a main road with a road frontage of 35 meters, this location provides excellent visibility and accessibility. The surrounding neighborhood is vibrant, offering a range of amenities just a short stroll away. Enjoy the convenience of nearby banks, pharmacies, beauty salons, corner shops, and bakeries. Families will appreciate the proximity to nurseries, primary and secondary schools, nurturing educational environments for children. Leisure opportunities are also plentiful, with parks, a childrens play area, a communal swimming pool, and a place of worship all within a fiveminute radius. The plot is approximately 40 kilometers from stunning coastal beaches, providing the perfect balance of urban living and coastal relaxation. This location invites a fulfilling lifestyle, seamlessly blending convenience and community. The property comes with a Title Whole Share, allowing the new owner to utilize the land as desired. Additionally, the absence of VAT tax enhances its appeal as a wise investment. The owner is open to various exchange options, including apartments or houses, making this a flexible opportunity for those looking to innovate and design spaces that meet the needs of today’s market. This plot is a prime opportunity for contractors and developers eager to create something extraordinary in a desirable area. Whether building commercial spaces, luxury apartments, or a blend of both, the potential here is vast. Take the opportunity to explore this exceptional property and envision the possibilities it holds. Limited only by your imagination, this land invites you to shape the future in a vibrant community. Arrange a viewing today and experience firsthand the allure of this remarkable investment.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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