€980,000 $1,056,330
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Pay in USD and save up to $36,972Planning Zone
Commercial (ΕΖ-Κ)
Description: Commercial Development Zone (Centre) - Outside The Walls (Ζωνη Εμπορικης Αναπτυξης(Κεντρου)-Εκτος Των Τειχων)
Coverage: 0.6
Density: 2
Height: 24 meters
Allowed stories: 6
Development description: Nicosia Center Area Local Plan (Σχεδιο Περιοχης Κεντρου Λευκωσιας)
Nearby planning zones
Residential: 0.23 Km
Tourist: 34.5 Km
Industrial: 3.43 Km
Agricultural: 5.51 Km
Farm: 10.18 Km
Key features
- Listing ID: 1037532 (4199)
- Plot: 632 sqm
Description
Commercial plot in a unique location, in Tripiotis Quarter, in Nicosia District. It is located approximately 180 meters northeast of the intersection of Archbishop Makarios III, Digeni Akrita and Spyros Kyprianou Avenues (traffic lights of Lycabettus Police Station).
It has a rectangular shape, an even surface and a road frontage of approximately 25 meters. Given the lack of vacant plots in the area, it is an attractive investment opportunity.
With the right building design, the plot could be utilized and developed with a multi-storey building of mixed, commercial or residential use.
It is noted that the plot falls within the commercial zone EZ-κ which allows the construction of a six-storey building. In addition, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.
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