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The asset 400m east of Kolokasides roundabout.
The field has an area of 8,102sqm. According to the Distribution Agreement the asset relates to the north part of the field with an area of 4,435sqm. It benefits from c. 45m road frontage along Kyriakou Matsi Avenue.
The immediate area comprises of commercial developments. The area enjoys easy access towards Nicosia city centre.
The asset within planning zone ΕΠ2 with 120% building density (For student housing developments the building density is 140%), 50% coverage density and 3 floors.
The building density may increase by exploiting incentives based on the potential development.
THE PRICE MAY BE SUBJECT TO VAT.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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