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4,755 SQM Commercial Land
Egkomi, Nicosia

€2,750,000  ($3,173,874)

VAT Applicable not included in the price
REMAX Cyprus

REMAX Cyprus

Reg. No: 758 / License No: 410/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $111,086

Average Bank Rate (€2,750,000)
1 USD = 0.8371 EUR
$3,284,960

Mid-market rate (€2,750,000)
1 USD = 0.8664 EUR
$3,173,874

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.

Planning Zone

Commercial (ΕΠ2)

Description: Special Area (Ειδικη Περιοχη)

Coverage: 0

Density: 1.6

Height: 0 meters

Allowed stories: 0

Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)


Nearby planning zones

Residential: 0.11 Km

Tourist: 37.23 Km

Industrial: 5.41 Km

Agricultural: 2 Km

Farm: 10.32 Km

Key features

  • Listing ID: 8001051 (480051066_155)
  • Plot: 4755 sqm

Description

This superb piece of land is located between two of the biggest Universities of Nicosia (University of Nicosia and European University)

Both are located within walking distance, and the land presents an ideal opportunity for investors to utilize the 4755 m2 for student accommodations, and other projects that will complement the area and zone.

Furthermore, the property is suitable for the development of an industrial unit, warehouses, or logistics center

The property falls on two roads, hence double access, front and back, making ideal for development.

Property Characteristics:

Location: 750m from University of Nicosia and 600m from European University
Frontage: 65m (North face) and 30m (South Face)

Zone: ΕΠ2
Total Land Area: 4755 m2


DLS Valuation (2021): 4,449,000 Euros

Don't miss your opportunity to invest in the central hub of a vibrant area

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Disclaimer - Property reference 8001051. 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.

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