Residential Land for Sale in Nicosia

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€5,260,000 EUR

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Ref 2212160 | Nicosia, Nicosia | Plot Of Land

Currency services provided by Excel Currencies 5,260,000 EUR  |  Approx.£4,529,386 GBP  |  Approx. US$5,629,252 USD
Nicosia Centre, Nicosia, Nicosia
  • Type: Residential Land
  • Location: Nicosia
  • Province: Nicosia
  • Country: Cyprus
  • Bedrooms: 0
  • Bathrooms: 0

This rare plot of 1.075 sqm is very centrally located in the Trypiotis Area of Nicosia. It is circa 140m north-west of the City Plaza commercial building and circa 300m from Eleftheria Square. The asset has a corner position with a regular rectangular shape and a flat even surface It falls within special commercial planning zone ΠEZ. The plot is privileged with an additional building coefficient of 448 sqm as per the title deed. The asset has an active planning permit for a 16-storey building The active planning permit includes 4 basement floors for parking, 3 ground floor shops with mezzanine, offices at 3rd up to 12th floor and three penthouses at the 14th – 16th floor with a swimming pool on the roof terrace. The asset is covered by all the utility services (sewage, water, electricity and telecommunication). The property is zoned as ΠEZ (special commercial) with 250% building density and 70% coverage. KOC

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