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1,536 SQM Plot
Latsia, Nicosia

€600,000  ($686,438)

VAT Applicable not included in the price
Fox Smart Estate Agency Nicosia

Fox Smart Estate Agency Nicosia

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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Compared currency flag Pay in USD and save up to $24,025

Average Bank Rate (€600,000)
1 USD = 0.8445 EUR
$710,463

Mid-market rate (€600,000)
1 USD = 0.8741 EUR
$686,438

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1150736 (1578)
  • Plot: 1536 sqm

Description

Commercial land Latsia, Nicosia with specific zoning and building parameters. Here's a breakdown of the key attributes based on the details you've provided:
Property Details:
* Location: Latsia, Cyprus
* Plot Type: Corner plot (usually offers better visibility and accessibility)
* Zone: Ba3 (indicative of permissible uses and building regulations specified by local zoning laws)
* Building Density: 100%
* This means that the total built area can be equivalent to the total area of the plot. For example, if the plot is 1000 square meters, the total floor area allowed can be up to 1000 square meters.
* Coverage Density: 60%
* This indicates that a maximum of 60% of the plot can be covered by buildings, which translates to some open space on the property. For instance, if the plot is 1000 square meters, then up to 600 square meters can be covered by buildings, allowing for green areas, pathways, etc.
* Floors: 2
* The building may have a maximum of two floors, which could be used for various commercial purposes.
Considerations for Development:
1. Usage: Understand the types of businesses or commercial activities permitted under Ba3 zoning regulations. This could affect your planning and potential tenants or buyers.
2. Design: Since it’s a corner plot, consider architectural designs that maximize visibility and accessibility from two street fronts. This is particularly advantageous for retail or service-oriented businesses.
3. Surrounding Area: Evaluate the surrounding infrastructure and demographics to gauge potential foot traffic and business viability.

Feel free to ask if you need more specific guidance or details!

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Disclaimer - Property reference 1150736. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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