The asset is a Residential plot of 184 sqm located in the Old Town Center, Agios Antonios quarter of NIcosia District. It has a normal shape with flat surface and is covered by/has access to all utility services.
The property is close to Famagusta gate, c. 1 km from Solomou square and c. 10 mins from Ledras street. It falls under the planning zone Ka-a that allows for Residential development, with 140 % density, 70 % coverage, over 8 m and 2 floors. The plot has 9 m frontage.
The immediate area is characterized by many medium quality Residential developments and few vacant Residential plots.
The plot has all building permits and architectural plans for a ground floor Office of 135 sqm with Mezzanine (90 sqm) and back yard of 50 sqm, and a floor Apartment of 110 sqm.