2,620 SQM Residential Plot for sale in Psimolofou, Nicosia

Plot with title deed, area 2,620 sqrm, frontage 5 m, just 50 m from highway, in the area of Psimolofou within Nicosia district. The land characteristics are: within planning zone H 3, has a build coefficient of 60.000% with covered coefficient of 35.00%, maximum building permissible height 830.00 meters, and maximum number of floors 2. Τhe land area is 2,620 square meters. After getting relevant permits from the local authorities, you can build a building of total area 1,572 sqrm. The value of this investment comes to € 210 per square meter of covered area. The type of road leading to the property is tarmac secondary road. There is road frontage of 5 meters. The property has no VAT tax. This Plot has title deed ready. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 5 meters. Has distance from main higway 50 m. Has distance from from sea or beach of 40 km.