📌 Residential Plot with 4-Floor Building Allowance
Strategically located in a prime and highly accessible area in central Agioi Omologites, Nicosia, this prime residential plot offers an exceptional development opportunity.
📌 Property Highlights:
• Plot Area: 524sq.m. ready for development
• Frontage: 44m total dual-road frontage
• Terrain: Asphalt-paved corner plot with an obsolete covered parking structure currently on site
Development Note:
The property has a Planning permit since 2010 which expired in 2016, for a four (4) storey building with basement and parking for seven (7) apartments.
Planning Zone:
• Zone: Residential Zone Kα3
• Building Density: 140%
• Coverage Ratio: 50%
• Height Allowance: Up to 17 meters.
• Max 4 Floors
Location: The property boasts prime accessibility, situated in a strategic corner position.
• Approximately 50m north of John Kennedy Avenue
• Approximately 500m northwest of the Terra Santa College
There is a separate title deed for this property.
Price is subject to VAT.