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Investment 3 370 000 m² in Nicosia District, Cyprus

Cyprus
€50,00M
€15/m²
;
Investment 3 370 000 m² in Nicosia District, Cyprus
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  • Country
    Cyprus
  • Region
    Nicosia District

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €15/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%.
Updated at: 16/09/2024

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Investment 3 370 000 m² in Nicosia District, Cyprus
Cyprus
€50,00M
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