The property is a residential plot located in the sought-after area of Agios Antonios, Nicosia, offering excellent development potential within an established residential neighborhood with good road connectivity and easy access to the city centre.
The plot extends to 692 sq.m. and benefits from approximately 24 metres of road frontage, providing flexibility for future residential development. An existing residential house of approximately 120 sq.m., constructed in 1975, is currently situated on the property.
A demolition permit has already been issued for the existing structure, with validity until 08/06/2029 (Application No. 01.200.9872), facilitating future redevelopment plans.
The property falls within Residential Planning Zone Κα3, allowing a building density of 140%, coverage of 50%, development of up to four floors, and a maximum building height of 17 metres. These planning parameters provide significant flexibility for residential development in a well-established urban location.
