Commercial plot in Agios Antonios, Nicosia

Ref No: 9362
€ 1,450,000 € 1,550,000

Description

The property is a commercial plot in Agios Antonios. Within the plot there is an obsolete house. It is located in the center of Nicosia, in Alkaiou Street, which is a side street between Stasinou and Pindarou.

The plot abuts on a public asphalt road with a total road frontage of 28m. It has a land area of 773sqm.

The property offers many development possibilities, such as a mixed-use building that would include shops, residential apartments or offices, an educational institution, or student residences.

The property can benefit from increased building coefficient through the incentives of the Zone EZ-k (Local plan of Nicosia Municipality – Town and Spatial Planning Law 90/70).

The property holds a premium position in a recently developed area. It is surrounded by business offices, fine restaurants, coffee shops, a clinic, pharmacy and many other services.

Main Features

Land area
773 m2
Town planning zone
Commercial
Building density
200 %
Coverage ratio
60 %
Reg. No.
24/879
District
Nicosia
Municipality/Community
Nicosia Municipality, Nicosia
Quarter
Agios Antonios
VAT
Yes