Description
This asset comprises of two adjoining fields in Lakatameia, Nicosia.
The asset is located next to “Metro” roundabout and “Pavilion Hall” and c. 300m east of “Jumbo”.
The asset has a total area of 14,620sqm and has a flat even surface. The asset is accessed via an under registration road.
The immediate area consists of both commercial and residential developments. It enjoys good accessibility due to its proximity to the Strovolos – Lakatamia roundabout.
The asset falls within the two planning zones:
– 13,017sqm fall within residential planning zone Κα8 with a maximum building density coefficient of 60%, a land coverage coefficient of 35%, 2 floors and 10m height.
– 1,603sqm fall within commercial planning zone Εβ3 with a maximum building density coefficient of 160%, a land coverage coefficient of 50% , 6 floors and 24m height.
