FOR SALE - €4,430,000 - REF. NO. L34508
The property is a commercial plot with total area of 3,280sqm, in Egkomi, Nicosia. The property as a plot has a corner location and a rectangular shape with a flat and even surface and a total frontage of 172m. The immediate area is well developed and is mainly characterized by building blocks accommodating large organizations. The wider area is characterized as one of the most attractive areas of Nicosia and has experienced increased levels of growth over the past few years, mainly driven from commercial use developments like universities, supermarkets, cafes and hotels. The property falls within the following two Planning Zones: • Commercial zone Εβ3 (1509sqm) with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 6 floors and 24/20.4 meters height. • Residential zone Κα6 (1771sqm) with a maximum building density coefficient of 90% and a land coverage coefficient of 50% over 2 floors and 10/8.30 meters height. THE PRICE IS SUBJECT TO VAT.