324 SQM Commercial Plot for sale in Lykavitos, Nicosia

Plot under division, area 324 sqrm, frontage 28 m, just 2.4 km from highway, in the area of Geri within Nicosia district. The land characteristics are: within planning zone Ka 8, has a build coefficient of 60.000% with covered coefficient of 35.00%, maximum building permissible height 10.00 meters, and maximum number of floors 2. Other characteristics of Plot: corner - access from two roads. Τhe land area is 324 square meters. After getting relevant permits from the local authorities, you can build a building of total area 194 sqrm. The value of this investment comes to € 481 per square meter of covered area. Zone: Mainly residential area 5 minutes from: nursery, primary school, secondary school, supermarket. View: mountain, country side/green area, town. The type of road leading to the property is tarmac secondary road. There is road frontage of 28 meters. The property has VAT (not included in the price). This Plot is now Under Division, hence the possibility to choose the right one. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 28 meters. Has distance from main higway 2.4 km. Has distance from from sea or beach of 46 km. It is located in the Pen Hill area, a privileged area between the forest of Athalassa and Latsia.