Property 46700 Engomi, Nicosia / 39946

Prime corner commercial plot in Egkomi, ideal for high-rise development.

Price 950,000
Estimated mortgage 3,271 /mo
Key facts 623 m²

Overview

Community Engomi
District Nicosia
Property type Residential Land
Plot area 623 m²
Reference 39946

Property Description

Corner Commercial Plot for sale in Egkomi

Location:
- Perfectly situated within walking distance of key educational institutions, including public and private schools, private colleges, the University of Nicosia, and the European University.
- Strategically located in a highly sought-after area.
Plot Characteristics:
- A spacious corner plot measuring 623sqm, offering a premium position in the area.
- Elevated ground ensures better views and added privacy.
- Zoned as EB3, with a building density of 160% and a coverage of 50%.
- Allows for the development of up to 6 floors with a maximum height of 24m, making it perfect for high-rise projects.
Advantages – Special Features:
- A rare large plot in a prime location, providing exceptional development potential.
- Ideal for student housing, or other purposes, catering to the growing demand in the area due to its proximity to schools and universities.
- Competitively priced for a quick sale, presenting a unique investment opportunity.

Property Highlights

Services

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Energy efficiency rating Energy data pending

Location

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