Residential Land For Sale

Picture of Residential Land For Sale in Nicosia, Nicosia, Cyprus

€650,000

Nicosia
Nicosia, Nicosia, Cyprus

669 sqm

Year Built: 0

Listed By: Bezino Trading Ltd

Listed On: 12/03/2024

Listing ID: GL11992562 View More Details

Description

We present to you this magnificent residential plot spanning 669m2, ideally positioned just a 7-minute drive from Nicosia's city center. Conveniently located near all essential amenities, including schools, banks, shops, and pharmacies, this prime location makes it an excellent investment opportunity.

According to the local town plan of Nicosia, the plot is situated in a commercial zone EZ-a, with a 200% building density and a 60% coverage allowance. This permits the construction of an 8-floor building up to 31 meters high. Additionally, the plot has the potential to secure an extra building factor through urban planning mechanisms.

With appropriate planning, this plot can be developed into a multi-story building for commercial use. It is particularly attractive to prestigious companies seeking an inspiring location to establish their business, offering a unique investment opportunity that ensures a luxurious and productive environment. Explore the potential of this exceptional plot and invest in a future of growth and success.

Contact us for further details and to schedule a viewing of this magnificent building plot!

Reference number: 1249
Share: No
Density: 200
Coverage: 60
Land type: Plot
Plot area: 669 m2
Plot Type: Residential
Planning zone: ΕΖ-α
Online viewing: Νο
Square meter price: €972 /m2: