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627 SQM Commercial Plot
Latsia, Nicosia

€155,000  ($179,400)

VAT Applicable not included in the price
Mayfair Properties

Mayfair Properties

Reg. No: 396 / License No: 492

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Compared currency flag Pay in USD and save up to $6,279

Average Bank Rate (€155,000)
1 USD = 0.8348 EUR
$185,679

Mid-market rate (€155,000)
1 USD = 0.8640 EUR
$179,400

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.

Planning Zone

Commercial (ΕΧ2)

Description: Special Use Zones (Ζωνες Ειδικων Χρησεων)

Coverage: 0.45

Density: 0.8

Height: 10 meters

Allowed stories: 2

Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)


Nearby planning zones

Residential: 0.66 Km

Tourist: 30.57 Km

Industrial: 0.81 Km

Agricultural: 0.31 Km

Farm: 5.76 Km

Key features

  • Listing ID: 8249226 (260181)
  • Plot: 627 sqm

Description

Perfectly positioned within the sought-after Agios Georgios Quarter of Latsia Municipality, this 627 sq. m. residential plot offers a premium development opportunity in Nicosia District. The property is characterized by an even, level topography and a regular rectangular shape, providing an efficient canvas for architectural design. Its appeal is further enhanced by its partial adjacency to a tranquil green area, ensuring a more open feel and a pleasant natural backdrop. Key Features: •Area: 627 sq. m. •Location: Situated approximately 500m southeast of the G.S.P. Stadium and 450m. •Topography: Flat surface with a rectangular configuration. •Access: Abuts a registered public road with a frontage of approximately 25m. •Setting: Benefits from partial proximity to a public green zone. Strategically located for maximum convenience, the plot offers rapid access to the Nicosia–Limassol motorway and the urban centre, making it a premier choice for a luxury home or a high-yield investment. Planning Details: The property is defined by a dual zoning designation, offering a unique blend of residential and specialized development potential: Zone Κα6 (36%.): Residential use with a building coefficient of 90%, 50% coverage, and permission for 2 floors (10 m). Zone ΕΧ2 (64%): A specialized zone that offers significant development potential subject to Latsia Municipality planning approval and the specific type of development proposed. There is a separate title deed for this property

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