Mixed Use Project for sale in Ergates, Nicosia

The asset comprises of three incomplete houses in Ergates, Nicosia. The asset is adjacent to Likavitou Street, c. 110m west of Ergates primary school and c. 90m north of Gregori Afxentiou Avenue. The houses have an internal area of 240sqm, 210sqm and 217sqm. Each house consists of an open plan living/dining room and an open plan kitchen with dining room, a guest toilet and a laundry room on the ground floor and four bedrooms (one of which is en-suite) and a bathroom on the first floor. There is also an attic. The houses require mechanical, electrical and woodworks, installation of windows, floors, sanitary wares, general painting and landscaping to be completed. The total land area of 2,760sqm. The immediate area of the property comprises of residential developments that enjoys great accessibility towards Nicosia. The asset falls within planning zone H2, with building density coefficient of 90%, coverage coefficient 50%, in 2 floors and a maximum height of 8,3m height. THE PRICE IS SUBJECT TO VAT.Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 08/04/2022. All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.