Property L-97823 Kato Deftera, Nicosia

This property is a 6600 square meter plot of residential land located at Kato Deftera, near the Lapatsa area. It is conveniently situated only 25-30 minutes by car from the capital city, Nicosia. The location on the main road of Tseri - Deftera provides easy access to and from the property. The property has been fully licensed and approved for the construction of a children's entertainment park spanning 1400 sq.m. Additionally, it also contains a restaurant license for up to 150 seats, making it an ideal location for a family-friendly entertainment spot. All necessary studies from architects and civil engineers have been completed, ensuring the property is ready for development. The land comes with paid three-phase electricity of 40 KNA, its own water well, and its own road, providing all necessary facilities and infrastructures for immediate development. The property boasts a 60% building density and a coverage ratio of 35%, with the allowance of constructing up to 2 floors with a maximum height of 8.3 meters. This property could also serve as a worthwhile investment for a developer, with the option to divide it into several plots. It could be combined with property L-97872 for this purpose. The property is currently unfurnished and is available for sale from December 1st, 2018.