Agriculture Plot for sale, Nicosia, Psimolofou

FOR SALE R4ESIDENTIAL LAND IN PSIMOLOFOU,NICOSIA. This residential field for sale in Psimolofou, Nicosia, presents an exceptional development opportunity for a large-scale project. The land boasts a significant area of 2,644 m2 , placing it in a category suitable for multi-unit residential construction. The urban planning specifications are highly advantageous, pointing to the H1 Residential Planning Zone, which is consistently associated with the highest density in the area. This zone permits a generous Building Density of 120% and a Cover Factor of 70%.The building allowance is set for a maximum of 3 Storeys with a maximum height of 11.4 m. Given the large plot size and the high building coefficient, this property is primarily suited for the development of a large apartment complex or a significant number of detached houses, offering a superb investment return in a tranquil yet well-connected suburb of Nicosia. Don't miss the opportunity and contact G&P Lazarou to book a viewing today!