Commercial (Share 16%) and residential (share 50%) fields in Nicosia

Description

"Properties listed with a Reserve Price indicate that the Seller reserves its right to not accept offers below the specified price. All offers must exceed the Reserve Price. While lower offers may be submitted, they are unlikely to be considered by the Seller." 2 fields, One field is a commercial field with 16% share and the other is a commercial and residential field with 50% share, both extending to about 13517 sq.m. in total. Access to the fields is via two registered roads with a total frontage of approx. 245m The asset is located approx. 200m from Alsos Akademias Park and approx. 400m from BMH Military Barracks This property consists of: Property with a registered title extending to approximately 6168 sq.m. in total and falls within Zone Κα3, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction. Property with a registered title extending to approximately 7349sq.m. in total, falls within a duel Zone Κα3(56%), with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction and Zone Εβ2(44%), with a building coefficient of 180%, coverage of 50%, and permission for 8 floors (31m) of construction.