#5293

Commercial plot in Nicosia

Palouriotissa, Nicosia

€700,000 + VAT
  • Title Deed
  • 573 m2Plot Area
  • PublicRoad Access
Commercial plot in a central location in Pallouriotissa area, it is situated close to an abundance of amenities and services such as supermarkets, shops, cafes etc. It enjoys excellent access to the Nicosia city center.

The plot has a triangle shape, even surface and 49 meters frontage on its northern boundary. The property has the potential to gain extra building density coefficient via planning incentives. The plot could be utilized and be developed with a multi-storey building of mixed or commercial use.

The property falls within the Planning Zone EZ - α, having a Building Density Coefficient 200% (by utilizing the incentives the Building Density Coefficient can be increased up to 450%), Coverage Coefficient 60%, Maximum Floor 8 and Maximum Height 31 m

Features

  • Easy access to main roads
  • Investment opportunity
  • Near amenities
  • Near bus route

Distances

  • Amenities:100 m
  • Airport:39 km
  • Sea:35 km
  • Public Transport:100 m
  • Schools:800 m
  • Resort:5 km
Any areas, energy class, measurements or descriptions are approximate and for guidance only. All information provided by Arazo Estates Ltd should be independently verified and confirmed by interested party. No guarantee, warranty or representation of any kind is made regarding accuracy of any data mentioned herein. All photographs are provided for guidance only.

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