651 SQM Commercial Plot for sale in Nicosia Municipality, Nicosia

Plot under division, area 651 sqrm, frontage 51 m, just 2.3 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. Τhe land area is 651 square meters. After getting relevant permits from the local authorities, you can build a building of total area 391 sqrm. The value of this investment comes to € 384 per square meter of covered area. Zone: Mainly residential area The type of road leading to the property is tarmac secondary road. There is road frontage of 51 meters. The property has VAT. 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 51 meters. Has distance from main higway 2.3 km. Has distance from from sea or beach of 43 km. Plot area of 651 square meters of which 102 square meters is green space. It is located in the Pen Hill area, a privileged area between the forest of Athalassa and Latsia.