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Investment 3 370 000 m² in Nicosia District, Cyprus

Cyprus
$55,44M
$16/m²
;
Investment 3 370 000 m² in Nicosia District, Cyprus
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ID: 3214151
Property ID on Realting
In CRM: 39677
ID of the ad on the website or in the company’s CRM
Last update: 16/09/2024

Location

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  • Country
    Cyprus
  • Region
    Nicosia District

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $16/m²
  • Total area
    Total area
    3 370 000 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%.

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Cyprus
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Investment 3 370 000 m² in Nicosia District, Cyprus
Cyprus
$55,44M
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