For Sale
€1,990,000
This 6.086 sqm field is located in the Kaimakli area of Nicosia.
The parcel falls into special planning zone EÎ 6 and benefits from 60m road frontage along Markou Botsari Street.
A planning permit is held for the development of a 6- storey unified hall of residences/accommodation development accommodating 73 flats for university students, gym, 8 shops and underground parking area. Further details are available upon request.
The asset is currently occupied with a two month termination notice.
The property has the potential to be covered by all the utility services (water, electricity and telecommunication).
The immediate area is characterised as an industrial area which comprises mainly warehouses and industrial units.
The plot is zoned EÎ 6 (special) with 160% building density, 50% coverage and 2 floors.
THE PRICE IS SUBJECT TO VAT. Energy Class: G