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Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.6
Height: 24 meters
Allowed stories: 6
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 0.4 Km
Tourist: 32.64 Km
Industrial: 2.54 Km
Agricultural: 3.71 Km
Farm: 8.16 Km
The properties are two adjacent commercial plots nestled on prestigious Limassol Avenue in Strovolos, Nicosia, offering a prime investment opportunity. This unique properties are nearly an entire building block, having frontage on four roads for maximum exposure and accessibility.
Plot Details:
• Plot 2188: 1,819 square meters
• Plot 893: 511 square meters
The potential for revitalization or redevelopment is great, making it an attractive prospect for various business ventures.
Key Advantages:
• Strategic Location: Situated on Limassol Avenue, a bustling commercial hub, ensuring high visibility and traffic.
• Three-Road Frontage: Exceptional accessibility from all directions, ideal for businesses seeking maximum exposure.
Don't miss out on this exceptional opportunity to own a prime commercial property in the entrance of Nicosia district. Contact us today to explore the endless potential of these exceptional plots and buildings.
The properties fall within Zone Eβ3, with a building coefficient of 160%, coverage of 50%, and permission for 6 floors (24m) of construction.
Asking price for the specific asset is negotiable.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 1550127. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.
