1,032m² Plot for Sale in Agioi Omologites, Nicosia District

The property is situated in a very central area of Nicosia Ayioi Omologites. Very prestigious location near the Presidential Palace Ministry of Foreign Affairs approx. 30 000 people pass by the property daily. Some points to be considered are the following 1 Possible Increase in FAR Floor Area Ratio by buying air rights off nearby landmark buildings. 2 City incentives Poleodomia may allow 2 additional floors for one extra underground parking floor to be verified by your architect . 3 City offers additional building incentives for creating a specified green area in the front part of the lot. It is called in Greek πράσινη πλατεία υψηλής προδιαγραφής. It should cover 25 of the total lot currently the lot coverage is at 50 so there is plenty of space for that to be verified by your architect . 4 Double entrance to the lot from the front and in the back. PLOT 1 582 sqm Planning Zone Area ΚΓ2 Residential Development Offices Number of floors 6 including ground floor area Building Coefficient 160 Building Height 24 20.40m Coverage Coefficient 50 PLOT 2 450 sqm Planning Zone Area Κα3 Residential Development Number of floors 4 including ground floor area Building Coefficient 140 Building Height 17 14.40m Coverage Coefficient 50 The asking price is 3.500.000 Euro negotiable.