Commercial property in Latsia, Cyprus No. 82903

Property description

Commercial field in a popular location in Agios Georgios Quarter, Latsia Municipality, Nicosia District.The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, shops, restaurants etc. In addition, it enjoys good access to the motorway.The field has an irregular shape and an even surface. It is abuts on a register asphalt road along its west boundary with a total frontage of 85 meters. It is noted that the property is subjected to compulsory acquisition on its western part and is adjucent to goverment land onto its northen boundary. The field area is about 5,360sq.m. and falls within the Εβ4 commercial zone which proposes the development of a two-story building with a building factor of 140%.It is considered an ideal choice for a land developer.Planning zone: Αα4 1%Building Coefficient: 50%Coverage Coefficient: 30%Maximum Floors Allowed: 2Maximum Building Height (m): - Planning zone: Εβ4 99%Building Coefficient: 140%Coverage Coefficient: 50%Maximum Floors Allowed: 4Maximum Building Height (m): 17*May be subject to vat