697 SQM Plot for sale in Agios Dometios, Nicosia

Unique opportunity for developing a building close to the University of Nicosia. The owner is also interested for partly exchanging the property with an apartment with value up to 250,000euro at an attractive area. Also, the buyers on the specific building will be allowed to receive government grant since it is close to the Green Line. The plot is located on Dimokratias Avenue at Agios Dometios at a 1,100m distance from the University. The surface area of the plot is 697sm and has more than 21m street front.The zone is commercial 140% so it can build up to 975sm. The price per buildable sm is 380euro and you also need to consider that the developer can suggest for a flat to exchange. A suggestion can be building a ground floor shop with a lot of visibility since there is enough traffic on the specific avenue and flats that can be ed easily to the University students. Excellent opportunity for a development company.