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Commercial plot in a prime and highly sought-after location in the Agiou Konstantinou & Elenis Quarter of Nicosia Municipality.
The plot has a trapezoidal shape and a level topography, making it an excellent opportunity for developers or investors. It is suitable for the construction of a commercial or mixed-use development.
It is worth noting that the property previously benefited from a planning permit (now expired) for the construction of a seven-storey building comprising retail units on the ground floor and office space on the upper floors.
The property is ideally located close to a wide range of amenities and services, including supermarkets, shops, cafés, and restaurants, while offering excellent access to Nicosia city centre.
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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