The estate consists of four adjacent land parcels with a total area of 2,126 m², located in the Agioi Omologites quarter within the Municipality and District of Nicosia. This property benefits from a prime urban location offering a total frontage of approximately 80 meters. Additionally, the northern boundary adjoins a registered public road, which is a cul-de-sac, with a frontage of about 30 meters.
The surrounding neighborhood is predominantly composed of multi-story structures hosting a mix of office spaces and residential apartments. Buildings with direct exposure to the area’s main thoroughfares are also utilized as showrooms and commercial establishments, enhancing the area’s vibrant business environment.
The property includes:
classified under Zone ΕΖ-δ, with a building density of 200%, a coverage ratio of 60%, and permission for an 8-story (31m) structure.
The asking price for this asset is open to negotiation. The property is subject to VAT.
Additional Notes:
Images labeled are conceptual renderings, not actual representations, designed to illustrate the property’s potential.
The property is owned by a Special Purpose Vehicle (SPV). Purchasing company shares eliminates transfer fees.
Highlighted areas in the images serve only for identification and may not accurately depict the exact boundaries.
All and any information given in this site is approximate and for guidance only and should be independently verified and confirmed by those interested. There is no guarantee, warranty or representation of any kind regarding accuracy of any of this information.