€650,000 $676,787
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Pay in USD and save up to $23,688Planning Zone
Residential (ΚΑ-Α)
Description: Residential Development Zone-Walled City (Ζωνη Οικιστικης Αναπτυξησ-Περιτειχισμενη Πολη)
Coverage: 0.7
Density: 1.4
Height: 8 meters
Allowed stories: 2
Development description: Nicosia Center Area Local Plan (Σχεδιο Περιοχης Κεντρου Λευκωσιας)
Nearby planning zones
Commercial: 0.26 Km
Tourist: 34.72 Km
Industrial: 2.93 Km
Agricultural: 6.05 Km
Farm: 10.51 Km
Key features
- Listing ID: 1501456 (1249)
- Plot: 669 sqm
Description
We present to you this magnificent residential plot spanning 669m², ideally positioned just a 7-minute drive from Nicosia's city center. Conveniently located near all essential amenities, including schools, banks, shops, and pharmacies, this prime location makes it an excellent investment opportunity.
According to the local town plan of Nicosia, the plot is situated in a commercial zone EZ-a, with a 200% building density and a 60% coverage allowance. This permits the construction of an 8-floor building up to 31 meters high. Additionally, the plot has the potential to secure an extra building factor through urban planning mechanisms.
With appropriate planning, this plot can be developed into a multi-story building for commercial use. It is particularly attractive to prestigious companies seeking an inspiring location to establish their business, offering a unique investment opportunity that ensures a luxurious and productive environment. Explore the potential of this exceptional plot and invest in a future of growth and success.
Contact us for further details and to schedule a viewing of this magnificent building plot!
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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