Building Plot

633 m2 Commercial plot in a central location in Panagia Quarter in Nicosia Municipality, at a very short distance of the “Athienitis” supermarket and Larnakos Avenue.
It 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 centre.
The plot has a rectangular shape and a level surface with a total frontage of 24 meters.

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.

Zone: EΖ-α
Area: 633 m2
Building coefficient: 200%
Coverage: 60%
Floors: 8
Height: 30 m
Frontage: 24 m