Two Fields in Lakatameia, Nicosia

€4.750.000

For Sale

Property ID

Zone

41390

Κα8, Εβ3

Area

Building Density

14.620m2

60%, 160%

Two Fields in Lakatameia, Nicosia

€4.750.000

For Sale

Property ID

Zone

41390

Κα8, Εβ3

Area

Building Density

14.620m2

60%, 160%

Description

This asset comprises of two adjoining fields in Lakatameia, Nicosia.

The asset is located next to “Metro” roundabout and “Pavilion Hall” and c. 300m east of “Jumbo”.

The asset has a total area of 14,620sqm and has a flat even surface. The asset is accessed via an under registration road.

The immediate area consists of both commercial and residential developments. It enjoys good accessibility due to its proximity to the Strovolos - Lakatamia roundabout.

The asset falls within the two planning zones:

- 13,017sqm fall within residential planning zone Κα8 with a maximum building density coefficient of 60%, a land coverage coefficient of 35%, 2 floors and 10m height.

- 1,603sqm fall within commercial planning zone Εβ3 with a maximum building density coefficient of 160%, a land coverage coefficient of 50% , 6 floors and 24m height.

THE PRICE IS SUBJECT TO VAT.

Owner: Mantinec Properties Ltd

Reg. No. : 0/18602 (7,650sqm), 2/1914 (6,970sqm)


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

Additional Details

District Nicosia
Area/Village Lakatameia
Type Field
Vat Plus Vat
Title deed Yes
Coverage ratio 35%, 50%
Max floors 2, 6
Max height 10,00, 24,00 m
Sheet 30
Plan 05W2
Plot 2833, 1549
Block 02

Location

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