Investment 3 370 000 m² in Nicosia District, Cyprus
Cyprus
€50,00M
€15/m²
Location
Property characteristics
Property parameters
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Price per m²€15/m² -
Total area3 370 000 m²
Description
A large area of 337 hectare of agricultural land in the outskirts of Nicosia.
Under the Government's new policy for developing non urban areas, the property can be developed as a mixed use large integrated project, provided it includes two of the following strategic uses, besides the residential development:
■ Educational Institutions of all kinds
■ Hospitals, diagnostic, rehabilitation or geriatric care centers
■ Research and development centers and technology parks
■ Multipurpose sports centers
Integrated projects utilizing the Government’s new policy enjoy a building coefficient of 25%. The current building coefficient in the area is 10%.
Posted at: 16/09/2024
Updated at: 16/09/2024
Location on the map
Cyprus
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