€285,000 $299,462
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Pay in USD and save up to $10,481Planning Zone
Commercial (ΕΒ4)
Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Nearby planning zones
Residential: 0.38 Km
Commercial: 0.06 Km
Tourist: 30.1 Km
Industrial: 0.27 Km
Agricultural: 0.95 Km
Farm: 5.24 Km
Key features
- Listing ID: 1095872 (altia136)
- Plot: 651 sqm
Description
Commercial field extending to about 651 sq.m. is located next to Giannou Kranidioti commercial avenue at Latsia, Nicosia.
The property abuts a water stream on its western border, has a flat surface and its access is via a registered road with a total road frontage of approximately 4m.
The field benefits from an active rental agreement of a 3.2% rental yield, and a 10% increase every 2 years until 2031.
The asset falls within Zone Εβ4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.
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