1,075 SQM Plot for sale in Nicosia Municipality, Nicosia

This rare plot of 1.075 sqm is very centrally located in the Trypiotis Area of Nicosia. It is c. 140m north-west of the City Plaza commercial building and c. 300m from Eleftheria Square. The asset has a corner position with a regular rectangular shape and a flat even surface It falls within special commercial planning zone ΠEZ. The plot is adjacent at its north border to the Eleneion School and is situated at the junction of Stasandrou and Ayias Elenis Roads. It has road frontage of circa 57m to its west and south borders along these roads. The plot is privileged with an additional building coefficient of 448 sqm as per the title deed. The asset has an active planning permit for a 16-storey building (permit no. 5973/ - ΠΑ89/09 – expiry date:16/03/2020). The active planning permit includes 4 basement floors for parking, 3 ground floor shops with mezzanine, offices at 3rd up to 12th floor and three penthouses at the 14th – 16th floor with a swimming pool on the roof terrace. The asset is covered by all the utility services (sewage, water, electricity and telecommunication). The property is zoned as ΠEZ (special commercial) with 250% building density and 70% coverage. BoC owning SPV: Tasabo Properties Limited Reg. No. : 25/5287 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.