Property P-117344 Agios Ioannis Malountas, Nicosia

This property for sale is a large plot of land situated in the thriving community of Agios Ioannis Malountas in the municipality of Nicosia. The plot, which features an impressive area of 630m2 and a 29m road frontage, finds its location near the Agios Ioannis Kato Moni Road. The immediate surrounding area comprises of a mix of residential developments and undeveloped plots of land, providing a balance of developed and natural environments. The plot falls within a residential planning zone, known as H2, with a building density of 90%, a 50% coverage, and the potential to build up to 2 floors with a maximum height of 8.3m. This offers a great degree of flexibility for potential buyers, whether they are looking to construct a family home or develop a residential building. Furthermore, the property is located within a short driving distance from the city of Nicosia, providing easy access to a range of amenities and services. This plot of land holds great potential for those looking to invest in property, particularly in the residential sector. The plot is unfurnished, providing a blank canvas for potential buyers to develop as they see fit. It is currently listed as an investment property, and the rent frequency is monthly.