Property P-110333 Alampra, Nicosia

This is a prime plot of land for sale located in the charming community of Alampra, within the municipality of Nicosia. The plot is conveniently situated near the Nicosia - Limassol motorway, offering excellent connectivity to the surrounding areas. A short walking distance will take you to the heart of Alambra, making it an ideal spot for a residential development. This plot of land covers an area of 568 square meters, boasting a rectangular shape with a flat surface. It benefits from a road frontage of 17 meters on a registered road, adding to its accessibility. The surrounding area is home to a mix of residential developments, adding to the liveliness and vibrancy of the neighbourhood. The asset falls within two planning zones. The majority of the area, i.e., 408 square meters, falls into a zone with 100% building density, 50% coverage, 3 floors, and a maximum height of 13.5 meters. A smaller part of the plot, i.e., 160 square meters, falls into a zone with 90% building density, 50% coverage, 2 floors, and a maximum height of 10 meters. The property is unfurnished, providing a blank canvas for you to create your dream development. Please note that the property is subject to VAT. This plot offers an excellent investment and development opportunity in a prime location.