Luxury residential development in nicosia city center nf30091

Lefkosia (Nicosia) district, Nicosia — Town Center
Posted: 14.09.2018 14:39 Ad ID: 2071917
Luxury residential development in nicosia city center nf30091-1
  • Condition Resale

The complex is situated on three adjacent plots of land with a total land area of 8,082 sqm and will comprise of a total of six apartment blocks (B, C, D, E, F, G) as well as four luxury villas. The apartment blocks are incomplete, and are found to be in various stages of completion whereas no construction works have been carried out for the villas. Each block will consist of 4 whole floor apartments (total of 26 apartments) inter-connected through a common basement. The basement will comprise of a total of 69 parking spaces.

The development will be of a total area of 8.051 sqm plus 2.519 sqm basements.

The proposed development has been designed by two of the top architectural firms in Cyprus and aims to provide the highest and best quality targeting high net worth individuals.

The area is considered to be one of the most prestigious residential areas in Nicosia due to its central location and historic character. The surrounding area hosts a number of Embassies, Ministries and other high profile occupiers.

The assets falls within an Area of Special Character (ΠΕΧ), which requires that any residential developments conforms to the aesthetics of the surrounding area.

The property falls within the Residential Planning Zone Κα5α with a building density coefficient of 100% and a coverage coefficient of 40% over 3 floors and 10 metres height.

Plus V.A.T

Luxury residential development in nicosia city center nf30091-2

MPA Property Promoters and Consultants Ltd

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Posting since feb, 2017 Other ads from this seller

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Agent license no.: 417/E

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9.750.000 Verified account
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MPA Property Promoters and Consultants Ltd

Posting since feb, 2017

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