Type Commercial
Contract sale
Size 726
Property’s Description

Unlock an exceptional opportunity in Ayios Andreas, a prime area of Nicosia with this 726 sqm corner plot, perfect for developers, investors or for owner occupation as residence or offices. Positioned in a quiet residential street close to the city's heart and key sites like the House of Representatives and Nicosia's Municipal Gardens, this property is a strategic investment choice. Featuring an existing period building with two 165 sqm apartments, one on the ground and one on the 1st floor, both with gardens and a double garage on the side road. With a 120% building coefficient, the potential here ranges from developing a distinguished apartment block, crafting a standout standalone residence, or embarking on a profitable large unit rental or privately owned project by renovating the existing apartments. Providing flexibility for redevelopment, and boasting significant road frontage plus a title deed, this plot offers a canvas for your visionary projects. Its strategic location near Nicosia's center and the Law Courts makes it a wise investment with enduring appeal.

Amenities
  • Total plot’s-land's area:726 m²
  • Coverage:0%
  • Available from:2024-03-30
  • Offered at: 550,000
  • Type: Commercial
Details
  • Planning zone: Κα4
Property's Location
Map
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