Land Nicosia, Cyprus

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 an irregular shape and a level surface. It abuts onto Larnakos avenue along is western boundary and on Michalakis Karaolis street along its southern boundary with a total frontage of 22 meters (approx.). Within the property there is a ground floor house that bares no economical value. It is noted that the plot falls within the commercial zone Eb2 which allows the construction of an eight-storey building. Planning zone: Εβ2 Building Coefficient: 1,8 Coverage Coefficient: 0,5 Maximum Floors Allowed: 8 Maximum Building Height: 26,5 m