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Property 1110 Nicosia / P-97180

This Is A Prime Piece Of Real Estate Located In The Heart Of The Walled Old City, Just A Few Steps Away From The Bustling Makariou Avenue. It's A Generous Land

  • Thumbnail 1 Property 1110 Nicosia / P-97180

For Sale • Deal

692,000€

Estimated Mortgage

/month

442

Plot m2

Community

Property Type

Residential Land

Building Density

200%

Building Coverage

60%

District

Nicosia

Plot m2

442 m2

Planning Zone

EZ-k%

Property Description

This is a prime piece of real estate located in the heart of the Walled Old City, just a few steps away from the bustling Makariou Avenue. It's a generous land plot of 442 square meters, offering a wealth of potential for commercial development. The plot falls within the EZ-k zone, which allows for a building density of 200%, and a coverage ratio of 60%. These figures provide ample flexibility for potential buyers to construct their ideal commercial building.

The property is also eligible for a six-floor allowance, with a maximum height of 24 meters. This means that potential buyers could potentially construct a multi-storey commercial building, offering a variety of different spaces for commercial purposes. Whether you're looking to construct retail spaces, offices, or a combination of different commercial units, this plot provides the potential to do so. The property is currently unfurnished, providing a blank canvas for potential buyers to put their stamp on it.

The rent frequency for this plot is monthly, providing flexibility for those looking to invest in the property. This exceptional land plot, with its prime location and potential for development, presents a unique opportunity for buyers looking to invest in the thriving community of the Walled Old City.

Location

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Property 1110 Nicosia / P-97180
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

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Transfer Fees

Transfer Fees Individual

24,280 €

Transfer Fees Joint Names

20,880 €

Stamp Duty

1,292 €

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