Field for sale in Nicosia

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 NicosiaLarnacaLimassol highway. This provides unparalleled access to the capitals city center and the islands 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.