51,807 SQM Plot for sale in Tseri, Nicosia

Thirteen industrial adjacent fields extending to about 33.800 sq.m. in total, centrally located on Nicosia Perimeter Motorway in Tseri, Nicosia. The properties as a unified asset have a flat surface and access via a registered road with a total frontage of approximately 93m. The asset is affected by a compulsory acquisition for the construction of the Nicosia Ring Road of approximately 1031 sq.m., resulting in a total net area of approximately 32.769 sq.m. The area of the property is considered as on of the most appealing investment areas due to its central location, zoning incentives and easy access to all major motorways and cities island wide. The asset falls within planning zones Βα4 (Industrial Zone), Γα4 (Agricultural Zone), and ΠΑΛ (Nicosia Perimeter Motorway Special Lane). This property consists of: Property with registration number 6/229, extending to approximately 2,267 sq.m. in total falls within three zones Βα4 (1%), with a building coefficient of 90%, coverage of 60%, and permission for 2 floors (0m) of construction, Zone Γα4(52%), with a building coefficient of 10%, coverage of 10%, and permission for 2 floors (7m) of construction and zone ΠΑΛ(47%), with a building coefficient of 10%, coverage of 10%, and permission for 2 floors (7m) of construction. Property with registration number 6/239, extending to approximately 4,042 sq.m. in total and falls within Zone Βα4, with a building coefficient of 90%, coverage of 60%, and permission for 2 floors (0m) of construction. Property with registration number 6/241, extending to approximately 3,252 sq.m. in total and falls within Zone Βα4, with a building coefficient of 90%, coverage of 60%, and permission for 2 floors (0m) of construction. Property with registration number 6/242, extending to approximately 3,085 sq.m. in total and falls within Zone Βα4, with a building coefficient of 90%, coverage of 60%, and permission for 2 floors (0m) of construction. Read More Show Less