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Pay in USD and save up to $19,927Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.2
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 0.12 Km
Tourist: 36.48 Km
Industrial: 4.54 Km
Agricultural: 3.51 Km
Farm: 11.23 Km
Property Description
This exclusive corner plot in Agios Andreas is a rare find, perfectly positioned for a luxury residential project or a high-end commercial development. With its strategic location and favorable building density, it represents a secure and high-yield opportunity for discerning investors.
This property is situated near Nicosia’s institutional district, making it an ideal choice for professional offices (Law, Accounting, Architecture etc) or luxury apartments. Situated just 600m northeast of the Russian and US Embassies and 700m southwest of the Supreme Court.
Occupies a Corner position on Dimitri Puliou Vasilissis Amalias Street, offering rapid access to Nicosia Center and Engomi.
Plot Size: 640 sq.m. Building Factor (BF): 1.4. Floors Allowed: 4-floor development potential.
The property is offered at €495,000 and is exempt from VAT. It comes with a clean title deed.
Overview
Country:Cyprus
District:Nicosia
Area:Agios Andreas
Title deed:Yes
Road access:Public road
Subcategory:Residential, Commercial
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 8830830. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.
