Property 2682 Palaiometocho, Nicosia / L-120784

This property is a residential field located in the desirable area of Palaiometocho in Nicosia. The location is highly sought after, being in close proximity to many amenities such as supermarkets, cafes, both private and public schools, and many other shops and services. The property is also easily accessible to the New Plaza, the Mall of Cyprus and the Nicosia city center, adding to its appeal. The total area of the land is a substantial 2452sq.m.

and it benefits from a building density of 90%, allowing for the construction of a two-storey building. The property also enjoys approximately 67m of road frontage along a registered road on its northeast border, which provides easy access and visibility. The land is primarily residential and is part of an area experiencing increasing demand. This makes it an asset of great value, potentially providing a great return on investment for the buyer.

The land is currently unfurnished, giving the buyer the flexibility to develop it according to their needs and preferences. The property is also classified as a 'plot' in terms of property subtype and land type, indicating its readiness for development. Price per square is 51.39, and there is a cover factor of 50.00. The property is also subject to VAT.