Three Under Division Fields in Pigenia, Nicosia
| Οικιστική Γη | DP12573
Subject to VAT
Subject to VAT
Περιγραφή
The property comprise of three adjoining fields in Pigenia, Nicosia. It is located 800m southwest of Kato Pyrgos fishing shelter and 300m south of Pomos – Kato Pyrgos coastal road. The asset has a total area of 28,987sqm. The three fields along with a fourth adjacent field (not part of the asset for sale) are under a land division process. According to the distribution agreement once the division process is complete the three fields will translate to 30 residential plots. The plots will have an average area of 620sqm and will benefit from a road frontage. The immediate area comprises of undeveloped parcels of land and some scattered residential developments. The asset falls within residential planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.