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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.45
Density: 0.8
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 1.4 Km
Tourist: 29.4 Km
Industrial: 1.28 Km
Agricultural: 1.93 Km
Farm: 4.72 Km
Located in Pen Hill, one of the most prestigious residential areas in Nicosia, this residential field extends to about 1.730 sq.m. in total, generously offering ample space to build your dream home, or even split into 2 or 3 plots for investment purposes.
The property has a flat surface and access is via a registered road with a total frontage of approximately 46m.
Its location is close to Pen Hill, to the general hospital roundabout and the mall of Cyprus, the surrounding forest land and its easy access to 3 entrances of Nicosia, make this field an ideal investment opportunity.
The property falls within Zone Kα7 (Residential zone), with a building coefficient of 80%, coverage of 45%, and permission for 2 floors (10.00/8.30m) of construction.
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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