Residential Development Land in Latsia, Nicosia
#46001
Agios Georgios, Latsia, Nicosia
- Land size 6.136 m²
Property description
This expansive residential field offers a significant development footprint of approximately 6,136 sq.m. in the high-growth Latsia Municipality of Nicosia. Perfectly positioned for development, the property offers easy access via a registered asphalt road along its eastern boundary, featuring a 6.5m frontage.
The property is perfectly situated for modern living, located just 850m from the Nicosia–Larnaca–Limassol highway. This provides unparalleled access to the capital’s city center and the island’s primary coastal routes. The field features a 6.5m frontage onto a registered asphalt road along its eastern boundary, ensuring immediate access for development.
Development Specifications
Falling within the Residential Zone Κα9, the land is ideal for a medium-density project:
• Building Coefficient: 40%
• Coverage: 25%
• Construction Height: 2 Floors (10m)
The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.
Extra information
General
- Occupancy status Vacant
Plot
- Land size 6.136 m²
- Registration number 0/3900
- Sheet/Plan 30/30E2
Planning characteristics
| Zone | Cover factor | Build factor | Max floors | Max height | Affected % |
|---|---|---|---|---|---|
| Kα9 | 25% | 40% | 2 | 10 m | 100% |
Documents
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Unlock documentsDisclaimer: The property is owned by Amnavero Limited, an SPV of Eurobank Limited. When buying the shares of the company, transfer fees will not be applicable. The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area. Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.