Agricultural Land - Ref. No. 20938

Ref. No. 20938 Agricultural Land

€2,065,000 No VAT
Latsia Archangelos Michail
Agricultural Land
11288m² Plot
Property Consultants Cyprus Investments


Property Features

No VAT


Description
This sizeable field of 11.288sqm is located in Latsia, Nicosia.

It is situated in an attractive location approximately 110m east from the GSP Stadium and 230m north from the Latsia Roundabout.

The parcel falls into dual planning zone: 7.563sqm in special development zone EX2 and 3.725sqm in agricultural zone Γα4.

It benefits from road frontage of circa 160m along Ifigeneias Street (east border) and has a smooth sloping surface.

The property has the potential to be covered by all the utility services (water, electricity and telecommunication).

The immediate area is characterised by mid – high specification detached houses as well as blocks of flats, unutilised land plots and the Nuevo Campo (futsal pitch).

The wider area is mainly characterised by industrial developments.

The field is zoned as both EX2 (special development) with 80% building density, 45% coverage, 2 floors and a maximum height of 10m and Γα4 (agricultural) with 10% building density, 10% coverage, 2 floors and a maximum height of 7m.

Ownership through BoC SPV: Bonsova Properties Limited

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.