7,710 SQM Residential Land for sale in Lympia, Nicosia

This asset is a 4/5 share of a field in Lympia, Nicosia. The asset is located c. 80m west of Lympia Stadium, c. 600m east of Lympia’s center and c. 700m north of Nicosia - Larnaca motorway. The asset has an area of c. 7,710sqm (4/5 share of 9,638sqm) and benefits from c. 120m road frontage along a registered road on its north border and c. 45m road frontage along a registered road on its southeast border. The asset has a rather regular shape and a smooth slopping surface. No distribution agreement is in place. It has the potential to be covered by all utility services (electricity, water and telecommunications). The immediate area comprises of undeveloped parcels of land as well as residential developments. The asset falls within residential planning zone Kα6 with 90% building density, 50% coverage, 2 floors and a maximum height of 10m. Owner: Venetolio Properties Ltd THE PRICE IS SUBJECT TO VAT. Reg. No.: 0/12562 (4/5 share) All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.