sale

€2,750,000

Γη, Πώληση, Nicosia, Nicosia Center, Agios Andreas

Nicosia Center, Nicosia
1417 m2

Points of interest

Makenzy

0.1 km

Philly Market LTD

0.2 km

The Cyprus Institute of Marketing

0.1 km

Dimotiko Scholeio Egkomis V - 50 Chronia Zois,Dimiourgias kai Drasis

0.2 km

Apostolos Andreas

0.1 km

St. Chrysosotirou Church

0.2 km

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Property type:Land
Date added:14th Nov 2024
Listing reference:SP-38976
Plot type:Commercial
Density:200
Parcel zone:EZ-d
• Location: Prime mixed-use land for sale in Nicosia, ideally situated opposite Nicosia Municipal National Park and the Venetian walls, near the National Theater and New Cyprus Museum. • Land Size: 1,417 sq.m. with immense development potential in a central and vibrant area. • Development Potential: Suitable for residential, commercial, and cultural projects, including: o Hotels o Office buildings (ideal for business headquarters or law firms) o Medical centers o University o Student accommodation o Shopping centers o High end residences • Building Specifications: o Building Density: 200% o Coverage Allowance: 60% o Floor Allowance: 8 o Building Zone: EΖ-δ • Incentives for Large Plots: o Plots over 1,000 sq.m on roads with at least 14 meters width may qualify for an increased floor area ratio up to 4.50:1, allowing up to 10 floors. o Conditions include:  Increased coverage rate of 60% observed in the first 4 floors  Must ensure comfort for neighboring property users • Additional Feature: Includes an existing building.

The price shown above is the asking price (VAT not included). The property is simply advertised on Spitakimu.com, contact the real estate company for further details.