Residential Plot with an Old House in Panagia, Nicosia

A 20% share of a residential plot extending to about 686 sq.m., located in a dead-end in Panagia, Nicosia.
The plot has an almost rectangular shape, a flat surface and access is via a registered road with a road frontage of approximately 9m along its southeastern border.
Within the plot there are four old houses, this share refers to house no. 4, which does not hold any economic value as well as it does not reflect the optimal use of the property.
It is centrally located just 100 meters east of the Frederic University, 900 meters southwest of the ‘Bata’ roundabout and 300 meters northeast tothe Primary School of Pallouriotissa.
The property falls within Zone Κα3, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.