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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 0.54 Km
Tourist: 33.83 Km
Industrial: 1.33 Km
Agricultural: 6 Km
Farm: 10.24 Km
A 1,050 m² plot in the Pallouriotissa area of Nicosia, located in a quiet and well-organized neighborhood, ideal for residential development or investment. It features a building density of 140% and a coverage of 50%, offering the potential for a substantial project or a modern residential complex. Its location is considered highly privileged, as it is very close to all essential services such as schools, supermarkets, banks, pharmacies, and public transport stops, ensuring convenience for daily living. Despite its proximity to numerous amenities, the area remains peaceful and family-friendly, with low noise levels and a pleasant atmosphere. The plot has direct access to the road and utilities, making development easier and more cost-efficient.
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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