Property 1110 Nicosia / P-117423
Commercial Plot In Prime Location, Perfect For Investment Opportunity.
2
For Sale • Deal
1,100,000€
Estimated Mortgage
/month
632
Plot m2
Overview
Property Description
Commercial plot located in the commercial center of Nicosia. The area is known for its abundance of services and facilities. The plot has a rectangular shape with an even surface and a road frontage of approximately 25 meters. Due to the scarcity of vacant plots in the area, it presents an attractive investment opportunity.
With the appropriate building design, the plot can be developed into a multi-storey building for mixed or commercial/residential use. The plot falls within the commercial zone EZ, allowing the construction of a six-storey building. It also benefits from various planning incentives, including a significant increase in allowable building density, as it is within the Nicosia City Centre Local Plan area.
Property Highlights
Unfurnished
Location
48.85 kms
112.91 kms
1.19 kms
1.24 kms
1.62 kms
1.78 kms
1.99 kms
2.52 kms
2.65 kms
2.68 kms
2.76 kms
3.37 kms
3.41 kms
3.63 kms
5.65 kms
0.26 kms
0.34 kms
0.45 kms
0.59 kms
0.60 kms
0.88 kms
0.98 kms
1.12 kms
2.02 kms
3.66 kms
4.90 kms
4.91 kms
Transfer Fees
Transfer Fees Individual
40,600 €
Transfer Fees Joint Names
37,200 €
Stamp Duty
2,108 €