Description

This asset is a 4435/8102 share of a plot in Egkomi, Nicosia.

The asset abuts Kyriakou Matsi Avenue and is c. 400m east of Kolokasides roundabout.

The field has an area of 8,102sqm. According to the Distribution Agreement the asset relates to the north part of the field with an area of 4,435sqm. It benefits from c. 45m road frontage along Kyriakou Matsi Avenue.

The immediate area comprises of commercial developments. The area enjoys easy access towards Nicosia city centre.

The asset within planning zone ΕΠ2 with 120% building density (For student housing developments the building density is 140%), 50% coverage density and 3 floors.

The building density may increase by exploiting incentives based on the potential development.

THE PRICE MAY BE SUBJECT TO VAT.

Owner: Monata Properties Limited.

Reg. No.: 4/2210 (4435/8102 share)

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