€4,500,000 $4,739,177
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Pay in USD and save up to $165,871Planning Zone
Residential (ΚΑ6)
Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 0.9
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Nearby planning zones
Residential: 0.99 Km
Commercial: 0.56 Km
Tourist: 37.02 Km
Industrial: 4.07 Km
Agricultural: 1.47 Km
Farm: 8.69 Km
Key features
- Listing ID: 1501555 (1356)
- Plot: 3549 sqm
Description
Presenting a commercial plot of 3549m² in the sought-after special zone of Egkomi area of Nicosia. Conveniently located near essential amenities, with great connectivity and 10 minutes from Nicosia city centre. Ideally situated close to Georgiou Griva Digeni Ave, Egkomi Town Hall and Hilton Nicosia Hotel, with cafes, restaurants, shops, and supermarkets close by. In addition, the "Mall of Egkomi", the University of Nicosia and the 28th of October Ave are nearby.
An application for a Planning Permit has been submitted for a six-floor commercial development totalling 8800m². It will include an underground level of 102 parking spaces, a ground-floor lobby and a business centre, a covered terrace floor, and five floors of offices as follows:
– Basement:2.590 m2
– Lobby+Business Center: 880m2
– Offices (5 floors): 4200m2
– Covered Veranda/Technical area: 1.184 m2
The plot now hosts a building which is rented at €11,000 per month to a stable tenant. This property is ideal for hosting the headquarters of a prestigious company or investors seeking to own a high-yield commercial development.
Contact us for detailed information.
Buying expenses
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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