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Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 0.2 Km
Tourist: 32.27 Km
Industrial: 1.4 Km
Agricultural: 4.11 Km
Farm: 8.27 Km
This 473 sqm commercial plot is ideally located in the popular Aglantzia area of Nicosia. Positioned in a prime spot, it offers excellent accessibility and convenience, making it a great opportunity for residential or mixed use development.
The shape of the plot is rectangular, has a flat surface, within walking distance to shops, cafes and restaurants, close to schools and educational institutions, has an easy access to the highway and city center.
The plot falls within Eb4 zone with the following characteristics:
Area: 473sqm
Building Density: 140%
Building Coverage: 50%
Floors: 5
Height: 17 meters
Road frontage of about 26m
This is an excellent investment opportunity in one of Nicosia's most desirable areas, suitable for developers or individuals looking to build a home or income generating property.
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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.
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