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This property consists of five adjacent fields in Nisou.
The property is located next to the Nicosia - Limassol highway on its eastern boundary, a few meters from the Tseri exit.
The three fields have a total area of 29526 sq m, are irregular in shape and benefit from 80 meters of road frontage along a public registered space. The property meets the requirements for large-scale single-family developments as defined in Chapter 20 of the South Nicosia Local Plan.
The wider area of the property includes warehouses and industrial units, part of the Idalion industrial unit, and agricultural land.
The property has the potential to be covered by all basic services (electricity, water and telecommunications).
The property falls within three urban planning zones:
for which development can be made for:
Higher education schools
Sports centers
Specialized medical centers
Conference centers
Banquet halls and many more
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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