(Residential) in Palechori, Nicosia for sale

This asset is a field c. 1,5km northeast of the centre of Palaichori, Nicosia.
The asset totals 6,689sqm, has an irregular shape and relatively sloping surface and benefits from c. 25m road frontage along a public registered road.
The immediate area comprises of undeveloped parcels of land, some scattered residential developments and forest land.
The asset has the potential to be covered by all utility services (electricity, water and telecommunication).
The asset falls within two planning zones:
-4,479sqm fall into residential planning zone H4 with 40% building density, 25% coverage, 2 floors and a maximum height of 8,3m.
-1,940sqm fall into agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m

PLUS V.A.T