12679 SQM Land for sale in Nisou, Nicosia

This asset consists of three fields in Nisou. The asset is located adjacent to the Nicosia - Limassol motorway on its east boundary, a few meters from the Tseri exit. The three fields have a combined area of 12,679sqm. The asset with Reg. No. 2/448 benefits from road frontage of 140m, while the other two assets (Reg. No. 2/174 and 2/175) are landlocked. The assets with Reg. No. 2/174 and 2/175 are adjacent to each other and are separated by a strip line to the asset with Reg. No. 2/448. A part of the  asset qualifies for unified large scale developments as specified by chapter 20 of the local plan of south Nicosia. The asset is affected by a compulsory purchase. The wider area of the asset comprises warehouses and industrial units, part of the Dali industrial, and of agricultural land. The property has the potential to be covered by all essential services (electricity, water and telecommunications). The asset falls into two planning zones: - Γα4 with 10% building density, 10% coverage, 2 floors and a maximum height of 7m. - Δα1 with 0,5% building density, and 1 floor. - Δα4 with 10% building density. THE PRICE MAY BE SUBJECT TO VAT. Owner: Talamon Properties Ltd Talamon Properties Ltd also offers for sale other assets in this area. Alternatively the SPV may be sold as a whole to interested parties. Reg. No. : 2/174 (1/3 share), 2/175, 2/448 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.