The property is a field located in Lakatamia Municipality, Nicosia district. The asset has a regular rectangular shape with a flat even surface and an area of 1,376 sqm. The asset is covered by all utility services (water, electricity, and telecommunication). The surrounding area consists of middle-class residential houses and apartments, undeveloped plots of land, and commercial buildings. Assets in this area benefit from very good accessibility towards Nicosia city centre and all of the main municipalities of the city. The property is zoned as Kα5 (residential) with 100% building density, 50% coverage, a maximum of 3 floors, and a maximum height of 13.5m. The price is subject to VAT.
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