9655 SQM Land for sale in Nicosia Municipality, Nicosia

This asset is a c. 37% share of a field in Panagia area of Nicosia. The field is located c. 200m east of Larnacos Avenue and is adjacent to “BMH” military base along its north border. The asset has a total area 25,995sqm of which BoC offers for sale a 13/35 share (c. 9,655sqm), and has an irregular shape with a slightly sloping surface and benefits from c. 190m road frontage along Propilaion Street. The immediate area of the asset comprises of residential developments as well as undeveloped parcels of land and enjoys easy access to the centre of Nicosia. The property is covered by all essential services (electricity, water and telecommunications). The property falls into residential planning zone Κα3 with 140% building density, 50% coverage, 4 floors and a maximum height of 17m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 5/405 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.