Property 1110 Nicosia / P-97180
A 442sq.m Land Plot Available For Sale In An Exceptional Location In The Walled Old City, Just Off Makariou Avenue. The Area Is Commercial, And The Plot Offers
For Sale • Deal
692,000€
Estimated Mortgage
/month
442
Plot m2
Overview
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.
Property Highlights
Unfurnished
Location
48.61 kms
113.10 kms
0.95 kms
1.43 kms
1.91 kms
2.04 kms
2.09 kms
2.50 kms
2.74 kms
2.83 kms
3.00 kms
3.58 kms
3.67 kms
3.90 kms
5.91 kms
0.19 kms
0.27 kms
0.30 kms
0.36 kms
0.67 kms
0.70 kms
1.16 kms
1.40 kms
2.32 kms
3.58 kms
4.61 kms
4.66 kms
Transfer Fees
Transfer Fees Individual
24,280 €
Transfer Fees Joint Names
20,880 €
Stamp Duty
1,292 €