FOR SALE - Call for Price - REF. NO. AL44955
The properties are three adjacent commercial plots nestled on prestigious Limassol Avenue in Strovolos, Nicosia, offering a prime investment opportunity. This unique properties are nearly an entire building block, having frontage on four roads for maximum exposure and accessibility.
Plot Details:
• Plot 2187: 5,764 square meters
• Plot 2188: 1,819 square meters
• Plot 893: 511 square meters
These plots feature existing structures totaling 5,815 square meters, which once served as the showrooms, garages, and offices of a prominent car dealership. The potential for revitalization or redevelopment is great, making it an attractive prospect for various business ventures.
Key Advantages:
• Strategic Location: Situated on Limassol Avenue, a bustling commercial hub, ensuring high visibility and traffic.
• Four-Road Frontage: Exceptional accessibility from all directions, ideal for businesses seeking maximum exposure.
• SPV Company Ownership: These properties are registered under a Special Purpose Vehicle (SPV) company, exempting them from VAT and transfer fees, offering financial advantages.
Don't miss out on this exceptional opportunity to own a prime commercial property in the entrance of Nicosia district. Contact us today to explore the endless potential of these exceptional plots and buildings.
The properties fall within Zone Eβ3, with a building coefficient of 160%, coverage of 50%, and permission for 6 floors (24m) of construction.