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88364 SQM Land for sale in Nisou, Nicosia

Nisou, Nicosia, Cyprus
88364 SQM Land for sale in Nisou, Nicosia 110 Nisou
Offers in the region of
7300000 €7,300,000  ($7,777,881)
88364 SQM Land
Nisou, Nicosia
Offers in the region of

€7,300,000  ($7,777,881)

Bank Owned Property

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Compared currency flag Pay in USD and save up to $272,226

Average Bank Rate (€7,300,000)
1 USD = 0.9068 EUR
$8,050,107

Mid-market rate (€7,300,000)
1 USD = 0.9386 EUR
$7,777,881

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: 830326 (17083)
  • Plot: 88364 sqm
  • Zone

Description

This asset consists of five adjoining 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 five fields have a combined area of 88,364sqm, an irregular shape and benefit from a road frontage of 150m along a public registered. 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. - Δα2 with 1% building density, 1% coverage, 1 floors and a maximum height of 5,5m. THE PRICE MAY BE SUBJECT TO VAT. Owner: Talamon Properties Ltd Talamon Properties Ltd also offers for sale other assets in the area. Alternatively the SPV may be sold as a whole to interested parties. Reg. No. : 2/95, 2/336, 2/337, 2/344, 2/447 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

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