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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 0.9
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 0.15 Km
Tourist: 29.95 Km
Industrial: 1.5 Km
Agricultural: 1.04 Km
Farm: 5.1 Km
This asset consists of two fields in the Agios Georgios area, of Latsia. The asset is located c. 150m east of the Nicosia - Limassol motorway and c. 1,2km southeast of the GSP stadium. The field with reg. no. 3/943 has an area of 3,400sqm, has an irregular shape with slightly sloping surface, and has a road frontage of c. 39m along Agia Sofia Street on its east border and c. 85m along Griva Digeni Street on its south border. The field with reg. no. 3/944 has an area of 200sqm, has a triangular shape with a slightly sloping surface, and has a road frontage of c. 37m along Agia Sofia Street on its east border and c. 12m to a dirt road along its south border that provides access to the asset. The immediate area comprises of residential developments as well as undeveloped parcels of land. The area benefits from very good accessibility towards Nicosia city centre due to its proximity to the Nicosia - Limassol motorway. The asset is covered by all utility services (water, electricity and telecommunication) The asset falls within two planning zones: -3/943 falls within special planning zone Kα6 with 90% building density, 50% coverage, 2 floors and a maximum height of 10/8,3m. -3/944 falls within special planning zone ΕΧ2 with 80% building density, 45% coverage, 2 floors and a maximum height of 10m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 3/943 (3,400sqm), 3/944 (200sqm) All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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