(Share) Residential field in Pigeneia, 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." A 33% divided share, approximately 9,141 sq.m., of a residential field of 27,425 sq.m. located within Pigenia Community, Nicosia District. The asset enjoys a desirable coastal setting, positioned approximately 420m southwest of the seashore and about 240m south of Pyrgos – Polis Chrysochous connecting road, offering convenient access to the wider area. The field has an irregular shape and inclined surface. It benefits from frontage along its western boundary to an under-registration road/pathway, enhancing its future accessibility potential. The property falls within Zone H4, with a building coefficient of 40%, coverage of 25%, and permission for 2 floors (8.3m) of construction. This zoning permits residential development, making the asset suitable for long-term investment or future development prospects subject to obtaining all necessary consents. There is a distribution agreement in place.