Property 2612 Malounta, Nicosia / L-109997

This property is a residential land parcel for sale in the community of Malounta, situated within the municipality of Nicosia. The land boasts an impressive total area of 15,720 sq.m. and is strategically located opposite the entrance of Nicosia's B Regional High school. The property comes with a separation permit for a total of 15 plots, providing ample opportunities for development.

The land is divided into two zones, H2 and H3. The H3 zone has a building density of 60%, and a coverage ratio of 35%, with an allowance for 2 floors of a maximum height of 8.3 meters. On the other hand, the H2 zone has a significantly higher building density of 90%, and a coverage ratio of 50%, with allowance for 2 floors of 8.3 meters in height. Interestingly, there is a house of 120 sq.m.

with a building permit situated on one of the 15 plots. The size of this plot is 780 sq.m. Whether you are a real estate developer looking for a new project or a private buyer seeking a large piece of land for a personal endeavor, this property offers a unique opportunity to acquire a significant land asset in a prime location. The property is not furnished and is categorized as 'plot' under property subtype and land type.

The rent frequency for this property is set as 'Monthly'.