Property 12222 Agios Dometios, Nicosia / P-114621
Unique opportunity for developing a building close to the University of Nicosia.
Price
350,000
Estimated mortgage
1,205
/mo
Key facts
697 m²
Overview
Community
Agios Dometios
District
Nicosia
Property type
Residential Land
Reference
P-114621
Plot area
697 m²
Property Description
Unique opportunity for developing a building close to the University of Nicosia. The owner is also interested for partly exchanging the property with an apartment with value up to 250,000euro at an attractive area. Also, the buyers on the specific building will be allowed to receive government grant since it is close to the Green Line.The plot is located on DimokratiasAvenue at AgiosDometiosat a 1,100m distance from the University. The surface area of the plot is 697sm and has more than 21m street front.The zone is commercial 140% so it can build up to 975sm. The price per buildablesm is 380euro and you also need to consider that the developer can suggest for a flat to exchange.A suggestion can be building a ground floor shop with a lot of visibility since there is enough traffic on the specific avenue and flats that can be ed easily to the University students. Excellent opportunity for a development company.
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Sustainability / Energy
Energy efficiency rating
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