For Sale €450,000 - Commercial
Corner commercial plot in a lively and central location in Panagia Quarter in Nicosia Municipality. The property is ideally situated close to a plethora of amenities and services such as supermarkets, shops, schools etc. In addition, the property enjoys excellent accessibility to the Nicosia city center.
The plot has a rectangular shape and a level surface. Within the property there a two-storey building. Part of the ground floor of the building is rented.
It is noted that the plot falls within the commercial zone EZ-α which allows the construction of an eight-storey building. In addition, , it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.
- Plot Area: 593 m2
- Coverage Ratio: 60 %
- Build Density: 200 %