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Pay in USD and save up to $36,444Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1.2
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 0.3 Km
Tourist: 33.93 Km
Industrial: 1.88 Km
Agricultural: 3.21 Km
Farm: 9.07 Km
The property is a mixed-use development land plot (Residential & Commercial) located within a fully developed urban area, offering direct access to a public road and strong visibility. It falls under Planning Zone Eb4, allowing 140% building density, 50% coverage, a maximum height of 17 metres, and up to 4 floors, making it suitable for a wide range of development options. The plot is single, level, and of regular to near-rectangular shape, enabling efficient architectural planning, and includes an existing building, which may be , redeveloped, or replaced with a new project. Its zoning allows for residential units, offices, retail spaces, or a mixed-use development with commercial units on the ground floor and residences above.
The owner is open to land for-development (exchange) as well as property exchange, offering flexibility and strong potential for investors and developers.
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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