3,679 SQM Commercial Plot for sale in Nicosia Municipality, Nicosia

Welcome to an incredible opportunity to invest in a prime piece of real estate located within a thriving residential area. This expansive plot of land spans 3,679 square meters, providing ample space to realize your vision for an impressive residential development. The potential for this property is exemplified by a build coefficient of 160.000 and a covered coefficient of 50.00 Imagine crafting a stunning building with a maximum height of 24.00 meters, allowing for a remarkable six floors of luxurious living spaces. With the requisite permits from local authorities, you can develop an entire structure of up to 5,886 square meters. Each square meter is valued at an attractive €15 for the covered area, enhancing the overall appeal of this investment. This parcel is nestled in an area characterized by its predominantly residential atmosphere, making it an ideal location for families and individuals alike. The nearby amenities and vibrant community life add to its allure, while the accessibility to essential services enhances the convenience of living here. Accessing the property is simple via an offroad route, providing a peaceful escape from the hustle and bustle of urban life while still being connected to surrounding neighborhoods. It offers a tranquil haven where residents can relax and unwind in a serene environment. Importantly, this plot comes with no VAT tax, making it an excellent financial opportunity for discerning investors. With the title deed readily available, you can navigate the development process with confidence and ease. This is not just land it represents a chance to be part of a community thats constantly evolving and thriving. Envision the lifestyle you and your future residents will enjoy, surrounded by beautiful landscapes and a friendly atmosphere. Join the movement towards vibrant living and let your creativity flourish in this wonderful locale. Schedule your visit today and take the first steps towards making your aspirations a reality in this exceptional location.