House in Panagia, Nicosia

Description

A single-storey house built in 1935 in Panagia, Nicosia, sitting on a 520m² plot with approximately 23m of road frontage, adjacent to Ioanninon Street at the junction of Larnacos and Griva Digeni Avenues, approximately 350m east of Salaminos Avenue with easy access to Nicosia city centre. The existing structure of 105m² is considered obsolete with no economic value, making this a prime development opportunity within planning zone EZ-α, which permits up to 8 floors, a maximum height of 31m, a building density of 200%, and a coverage ratio of 60%.