34,115 SQM Residential Land for sale in Pigenia, Nicosia

This asset comprises of a field and a 1/2 share of an adjoining field in Pigenia, Nicosia. The asset is located c. 500m west of Pigenia – Kato Pyrgos road and c. 700m northeast of Pigenia. The asset has an area of c. 34,115sqm (13,713sqm and 1/2 share of 40,804sqm) and and benefits from c. 150m road frontage along public registered road on its south border. No distribution agreement is in place. The immediate area comprises of undeveloped parcels of land and several residential developments. The asset falls within two residential planning zones: -c. 10,422sqm fall within planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8.3m. -c. 23,693sqm fall within planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8.3m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 0/4597 (13,713sqm), 0/6213 (1/2 share of 40,804sqm) All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.