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1,092 SQM Commercial Plot
Nicosia Municipality, Nicosia

€2,650,000  ($3,061,301)

M.Residence

M.Residence

Registered & Licensed Real Estate Agent A.M. 791 A.A 363/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 $107,146

Average Bank Rate (€2,650,000)
1 USD = 0.8364 EUR
$3,168,447

Mid-market rate (€2,650,000)
1 USD = 0.8656 EUR
$3,061,301

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 (ΕΖ-Κ)

Description: Commercial Development Zone (Centre) - Outside The Walls (Ζωνη Εμπορικης Αναπτυξης(Κεντρου)-Εκτος Των Τειχων)

Coverage: 0.6

Density: 2

Height: 24 meters

Allowed stories: 6

Development description: Nicosia Center Area Local Plan (Σχεδιο Περιοχης Κεντρου Λευκωσιας)


Nearby planning zones

Residential: 0.36 Km

Tourist: 34.5 Km

Industrial: 3.18 Km

Agricultural: 5.69 Km

Farm: 10.22 Km

Key features

  • Listing ID: 8369464 (12116)
  • Plot: 1092 sqm
  • Accessibility Road : Asphalt
  • Street Level : Same
  • Surface : Flat Level

Description

A rare opportunity to acquire Plot 1092, ideally located in the heart of Nicosia city center, offering exceptional development potential in one of the most sought-after urban areas of the capital. The plot benefits from a 200% building density, allowing for the construction of a modern 6-floor residential or mixed-use building, making it an outstanding opportunity for developers and investors looking to create a high-value project in a central location. With its strategic positioning in the city center, the property provides immediate access to business districts, shopping areas, universities, restaurants, and essential amenities, ensuring strong demand for residential or commercial units. This plot is perfectly suited for the development of luxury apartments, serviced residences, offices, or a mixed-use project, taking full advantage of the growing demand for centrally located properties in Nicosia.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 8369464. 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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