For Sale €3,180,000 - Commercial
This asset is large commercial and residential zoned field in Aglantzia, Nicosia.
The field has a total area of 3,865sqm according to the title deed, however due to a compulsory purchase the effective area is 3,581sqms. The field has an irregular shape with a smooth flat surface. The area enjoys easy access towards Nicosia city centre.
The asset has the potential to be covered by all utility services (water, electricity and telecommunication).
The asset falls within two planning zones:
-2,112sqm fall into commercial planning zone Eβ4 with 140% building density, 50% coverage, in 4 floors and a maximum height of 17m.
-1,469sqm fall into residential planning zone Κα4 with 120% building density, 50% coverage, in 3 floors and a maximum height of 13,5m.
- Plot Area: 3581 m2
- Coverage Ratio: 50 %
- Build Density: 140 %
- Price: €3,180,000 +VAT