Property L-121390 Latsia, Nicosia

The property for sale is a commercial plot of land situated in a desirable location within the Agios Georgios Quarter in Latsia Municipality, Nicosia. It is conveniently located a short distance southeast of the Lemon Park. The plot boasts good accessibility to the city of Nicosia, the center of the Municipality, as well as all necessary services and amenities. The property has an almost rectangular shape and a level surface. It borders a public road along its southwestern boundary. On the property, there are buildings, however, these do not hold any economic value. The planning zone is EX2, with a building density of 80% and a coverage coefficient of 45%. It allows for a maximum of 2 floors. The property falls within the special uses zone 2, which offers a wide range of development possibilities such as offices, sports amenities, and leisure amenities. It is worth noting that residential development and the division of residential plots is also allowed. This is a great investment opportunity for development property in a prime location.