Property P-117597 Nicosia, Nicosia

This is a unique opportunity to acquire a commercial plot in Pallouriotissa, part of the Nicosia Municipality. This prime piece of real estate is located in a bustling commercial area, making it an ideal choice for investors and developers. With an impressive 25-meter frontage, this plot offers a wide array of development possibilities. It is zoned Eb3, which allows for a building density of 160%. This means that potential owners have the freedom to develop an extensive commercial building on the land. The plot also offers the potential for a multi-story development, with the capacity to build up to 6 floors. This feature provides an excellent opportunity to maximize the use of space and increase the return on your investment. The land is currently unfurnished, providing a blank canvas for the potential owner to design and build a structure that suits their specific needs and preferences. With its strategic location in a thriving commercial district, this plot is perfect for those looking to invest in a property with high growth potential. Whether you're planning to develop a retail complex, office building, or other commercial establishment, this plot offers the location, space, and flexibility to make your vision a reality. Please note that all purchases are subject to VAT. The property is currently held by ALTAMIRA 11917 and is available for sale immediately. Don't miss out on this fantastic investment and development opportunity in Palouriotissa, Nicosia.