(Residential) in City Center, Nicosia for Sale

for sale in Nicosia

Publish: 22 May 20, views: 21

Price:  €1.800.000

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Plot typeResidential
Listing ID:FCH24783
Price €1.800.000
Information from owner
This unique plot is located along the busiest and upcoming streets of the capital. It is located close proximity to an abundance of amenities and services, including cafes, bars and restaurants. It enjoys excellent access to the Nicosia city center and the motorway. It is an excellent location with high demand for properties due to its central location and accessibility. The plot itself has a normal rectangular shape and benefits from a corner position with a total frontage of 54 meters. Within the plot, there is an old two-storey vacant building which is economically obsolete.Due to the plot’s large size and being situated within planning zone EZ-κ, the plot can be developed in a variety of ways including residential, commercial and mixed use developments. Due to its location it also has the opportunity to take advantage of numerous planning incentives.Planning zone: ΕΖ-κBuilding Coefficient: 200%Coverage Ratio: 60%Maximum Floors Allowed: 6Maximum Building Height: 24 m

Reg. No: 690, Lic. No: 367/E