521 SQM Commercial Plot for sale in Nicosia Municipality, Nicosia

This asset is a plot in Trypiotis area of Nicosia. The plot abuts Electra Street on its east border and is located c. 205m southeast of "OXI" roundabout, 390m northeast from the junction of Archiepiskopou Makariou III and Spyrou Kyprianou Avenues and 50m southwest of Stasinou Avenue. The asset has an area of 521sqm, has a rectangular shape and a flat even surface. The asset benefits from c. 30m road frontage along Electra Street. The immediate area of the asset comprises of residential and commercial developments. The plot is within walking distance to Makariou Avenue as well as Eleutherias square and the Old city of Nicosia. The property is covered by all essential services (electricity, water and telecommunications). The property falls into residential planning zone EZ-κ with 200% building density, 60% coverage, 6 floors and a maximum height of 24m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 25/1784 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.