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Description: Core And Continuous Structure Areas (Περιοχες Πυρηνων Και Συνεχους Δομησης)
Coverage: 0.7
Density: 1.4
Height: 7 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 0.41 Km
Tourist: 36.97 Km
Industrial: 5.41 Km
Agricultural: 3.23 Km
Farm: 10.94 Km
A prime corner plot is for sale in the steadily developing area of the old GSP, with impressive views of the new building of the theatre THOK, the Ministry of Finance and other important public and business structures. The plot is located at the junction of main roads and in an ideal distance from the main commercial streets of the capital.
This iconic plot has an area of 744 sqm and comprises a two-storey building with 4 apartments, each with separate title deeds and free mortgage and occupation. The plot falls within the Commercial Zone Core (CZ) and outside the walls of the New (2017) Nicosia City Centre Area Plan, offering advantages and incentives for increasing development rights and attracting investments.
This opportunity is ideal for investors and businesses looking to take advantage of the excellent location and development potential of this area. Contact for more information and to arrange a tour of the property.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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