Property P-117423 Nicosia, Nicosia

Commercial plot in prime location, perfect for investment opportunity.

Price 1,100,000
Key facts 632 m²

Overview

Community Nicosia
District Nicosia
Property type Residential Land
Reference P-117423
Plot area 632 m²

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.

Sustainability / Energy

Energy efficiency rating Energy data pending

Location

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