Property 12509 Kokkinotrimithia, Nicosia / L-117504

This property is a plot of land located in Kokkinotrimithia area in Nicosia. It is a short drive away from the New Plaza and approximately 1km from the Kokkinotrimithia village center. The asset covers an area of 6,947sqm and boasts a frontage of 150m. There's an old, derelict structure along the field's eastern border. After a compulsory purchase, the asset will be divided into two fields of 997sqm and 4,662sqm. The surroundings comprise both residential developments and undeveloped parcels of land. Furthermore, the asset falls within the residential planning zone H3 with a building density of 60%, 35% coverage, allows for 2 floors, and has a maximum height of 8.3m. This property holds immense potential for future residential development.