New For Sale €750,000 Building Lakatameia, Lakatamia Nicosia

Information from owner
Building with title deed, mixed residential/commercial, with built area of 650 sqrm, area 2,420 sqrm, in the area of Lakatameia, Lakatamia within Nicosia district. It is within close proximity to: Lakatameia Swimming Pool. Main features include: Elevator, store room. The Energy Efficiency Class of the building is C. The Building was constructed in 2003. The plot characteristics are: within planning zone Ka 6, has a build coefficient of 90.000% with covered coefficient of 50.00%, maximum building permissible height 10.00 meters, and maximum number of floors 2. Τhe plot area is 2,420 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 1,528 sqrm. Zone: Mainly residential area Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. The type of road leading to the property is tarmac secondary road. The investment is € 1,154 per covered square meter. If you also take into account that you also get a plot 2,420 sqrm then you can better understand the value. It appears that there is 70% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 1,528 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax. This Building has title deed ready.

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