Description

Gladstone Residence is a luxury residential development located in the heart of Nicosia on Gladstone Street, bordering Prodromou park and the Pediaios river.

The complex is situated on three adjacent plots of land with a total land area of 8,082 sqm and will comprise of a total of six apartment blocks (B, C, D, E, F, G) as well as four luxury villas. The apartment blocks are incomplete, and are found to be in various stages of completion whereas no construction works have been carried out for the villas. Each block will consist of 4 whole floor apartments (total of 26 apartments) inter-connected through a common basement. The basement will comprise of a total of 69 parking spaces.

The development will be of a total area of 8.051 sqm plus 2.519 sqm basements.

The proposed development has been designed by two of the top architectural firms in Cyprus and aims to provide the highest and best quality targeting high net worth individuals.

The area is considered to be one of the most prestigious residential areas in Nicosia due to its central location and historic character. Gladstone Street consists of a mix of old traditional houses of architectural significance as well as new, high quality houses and apartments, of modern design. The surrounding area hosts a number of Embassies, Ministries and other high profile occupiers.

The assets falls within an Area of Special Character (ΠΕΧ), which requires that any residential developments conforms to the aesthetics of the surrounding area.

The property falls within the Residential Planning Zone Κα5α with a building density coefficient of 100% and a coverage coefficient of 40% over 3 floors and 10 metres height.

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 26/1381, 26/826, 26/1371

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 Lefkosia
Type Building
Condition New
Vat Plus Vat
Title deed No
Furnish Unfurnished

Location

Tender Form

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