759 SQM Commercial Land for sale in Nicosia Walled Old City, Nicosia

This asset consists of three adjoining parcels of land in Agios Savvas within the walls of Nicosia. The asset is located c. 150m north of “OXI” roundabout and c. 175m northeast of D’avilla Bastion. The asset totals 759sqm, has an irregular shape with a flat even surface and benefits from a road frontage of 10m along Trikoupi Street and 2m along Maria Constantinidou Street. The surrounding area comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia. The asset has the potential to be covered by all utility services (water, electricity and telecommunication). The asset falls within planning zone ΕΖ-ΕΝ with building density coefficient of 160%, coverage coefficient 70%, in 2/3 floors and a maximum height of 8/11,5m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 1/408 (419sqm), 1/413 (106sqm), 1/456 (234sqm) All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.