Property P-114516 Nicosia, Nicosia

This property consists of a commercial and a residential plot situated in the community of Aglantzia, within the district of Nicosia. The asset is located at a distance of 1.3 kilometers from the University of Cyprus. The total area of the plot is approximately 1,108 square meters. It has a regular shape with a flat even surface. The plot benefits from a road frontage of approximately 23 meters and 22 meters along two roads. The immediate vicinity of the property consists of commercial and residential developments. The area enjoys easy access towards Nicosia city centre. The asset is fully serviced by all utility services including water, electricity, and telecommunication. The property falls within two planning zones. The first plot, plot A, falls within the commercial planning zone E3. It has a building density of 160%, a coverage of 50%, can accommodate up to 6 floors, and has a maximum height of 24 meters. The second plot, plot B, falls within the residential planning zone 4. It has a building density of 120%, a coverage of 50%, can accommodate up to 3 floors, and has a maximum height of 13.5 meters. The property is currently unfurnished and is available for sale.