€7,300,000
+VAT
DEVELOPMENT LAND
Five Fields Nisou, Nicosia (11128)
Nicosia, Nisou
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Overview
Reference 11128
Title Deed: Yes
Plot:89420m²
Five Fields Nisou, Nicosia (11128)

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 89,420sqm, 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 three 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.

- Δα4

THE PRICE MAY BE SUBJECT TO VAT.
Allowances
Zone Cover Factor Build Factor Max Height Max Floors
Γα4 10% 10% 7 m 2
Δα2 1% 1% 5 m 1
Features
  • Connected to electric mains
  • Easy access to highway
  • Easy access to main roads
  • Investment opportunity
  • Near amenities
Distances
Amenities: 400 m
Airport: 35 km
Currency
Agent
Stavroula Michail (+357) 99810880
Contact
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