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7,871 SQM Plot
Archangelos, Nicosia
Offers in the region of

€2,000,000  ($2,314,700)

VAT Applicable not included in the price
SOLD
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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Compared currency flag Pay in USD and save up to $81,014

Average Bank Rate (€2,000,000)
1 USD = 0.8348 EUR
$2,395,714

Mid-market rate (€2,000,000)
1 USD = 0.8640 EUR
$2,314,700

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 823492 (117134)
  • Plot: 7871 sqm

Description

Large-scale commercial corner plot, in STELMEK area, in Lakatamia Municipality in Nicosia District. It is situated in the wider area of Makedonitissa, at a distance of 700m (approx.) southwest of the church of Agios Panteleimonas and 570m (approx.) west of the main road leading to the newly built ‘‘Nicosia Mall’’.It has a regular shape with level topography and abuts public registered roads with a frontage of approximately 175m. It abuts the junction of Empedokleous & Isokratous streets, on its southern & western boundaries. It is important to mention that the plot abuts onto a pedestrian road along its eastern boundary. The property has the potential for large-scale mixed-use development which will convenience the needs of the residents of the surrounding area. It lies within the Commercial Zone Eβ with a Building Coefficient of 90% and a Coverage Coefficient of 45%. The surrounding area is mostly characterized by residential development, with many plot divisions and house developments. The STELMEK area is considered one of the most promising residential areas of Nicosia. 

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