Residential Land in Latsia, Nicosia
| Residential Land | DP-CY18313
Subject to VAT
Subject to VAT
Subject to VAT
Subject to VAT
Description
The property consists of unutilised building density within the residential development located in the Agios Georgios area of Latsia, Nicosia.
The total land area extends to 1,099 sq.m. and corresponds to the development potential of Maisonettes No. 4, 9, 10, and 11 within the complex. Each maisonette has been designed to feature an open-plan kitchen and living area on the ground floor, with four bedrooms on the first floor, including three en-suite bedrooms.
The proposed properties have the following specifications:
House No. 4: Internal area of 185 sq.m., 8 sq.m. of covered verandas, 37 sq.m. of uncovered verandas, situated on a plot of 284 sq.m.
House No. 9: Internal area of 185 sq.m., 25 sq.m. of covered verandas, 37 sq.m. of uncovered verandas, situated on a plot of 278 sq.m.
House No. 10: Internal area of 188 sq.m., 5 sq.m. of covered verandas, 37 sq.m. of uncovered verandas, situated on a plot of 268 sq.m.
House No. 11: Internal area of 188 sq.m., 5 sq.m. of covered verandas, 37 sq.m. of uncovered verandas, situated on a plot of 267 sq.m.
The asset represents the remaining development rights within the project and offers the potential for the construction of four spacious family residences in a highly accessible residential location.
There is no separate title deed for the property.
The sale will be completed through a Sale and Purchase Agreement, while a Distribution Agreement is already in place.