Property 2201 Latsia, Nicosia / L-112123

This is an excellent opportunity to purchase a residential land located within established beautiful houses in the area. The land is located in Latsia, a beautiful community within the municipality of Agios Georgios in the state of Nicosia. The land measures a generous 3958 square meters. It boasts a building density of 90%, which means that the land can be used to build residential buildings covering up to 90% of the total land area.

Additionally, the land has a coverage ratio of 50%, which means that the total area covered by the buildings can be up to 50% of the total land area. The land comes with an allowance for a 2 floors building of 10 meters height, allowing for the construction of a generously spaced residential building. This land is categorized under the town planning zone as a 'residential' land, which means it can be used for construction of residential buildings only. Considering the land's location in a developed and established community, this is a great investment opportunity for both developers and individuals looking to build their dream home.

The land is also subject to VAT, which is a further guarantee of its legitimacy and suitability for residential development. The land is being sold as a 'plot', which means it is ready for development without any significant need for further clearing or preparation. The land is available for sale and is not furnished, making it a blank canvas for you to paint your dream home or residential development project. The property can be rented on a monthly basis, providing flexibility for potential buyers.