€6,180,000
Nicosia Centre
Residential Land
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2744 m² Plot

FOR SALE - €6,180,000 - REF. NO. L34504


The property consists of 3 commercial plots with a total land area of 2,744sqm and is surrounded by offices, shops and residential units. On the northwest boundary with 69m frontage, on the southwest boundary with 47m frontage and on the southeast boundary with 48m frontage. The plots fall within the planning zones EB1, EB3 and ΚΓ2 (commercial zones) with a maximum building density coefficients of 200%/160%/160% and a land coverage coefficient 50%/50%/50% over 10/6/5 floors respectively. The property may be eligible for additional building density through government incentives. The adjacent plots are located in Nicosia municipality in a very good central location.

Investment Opportunity
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