Report Listing

Residential Land For Sale

Picture of Residential Land For Sale in Latsia, Nicosia, Cyprus

€285,000

Latsia
Latsia, Nicosia, Cyprus

651 sqm

Year Built: 0

Listed By: Bezino Trading Ltd

Listed On: 12/03/2024

Listing ID: GL11991988 View More Details

Description

Commercial field extending to about 651 sq.m. is located next to Giannou Kranidioti commercial avenue at Latsia, Nicosia.

The property abuts a water stream on its western border, has a flat surface and its access is via a registered road with a total road frontage of approximately 4m.

The field benefits from an active rental agreement of a 3.2% rental yield, and a 10% increase every 2 years until 2031.

The asset falls within Zone Εβ4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.

Reference number: 6085
Land type: Field
Plot area: 651 m2
Plot Type: Commercial
Square meter price: €438 /m2:
Source: The World Property Journal

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