The estate consists of four adjacent land parcels with a total area of 2,126 m\u00b2, 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.
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\nThe 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\u2019s main thoroughfares are also utilized as showrooms and commercial establishments, enhancing the area’s vibrant business environment.
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\nThe property includes:
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\n \u00a0classified under Zone \u0395\u0396-\u03b4, with a building density of 200%, a coverage ratio of 60%, and permission for an 8-story (31m) structure.
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\nThe asking price for this asset is open to negotiation. The property is subject to VAT.
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\nAdditional Notes:
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\n Images labeled are conceptual renderings, not actual representations, designed to illustrate the property\u2019s potential.
\n The property is owned by a Special Purpose Vehicle (SPV). Purchasing company shares eliminates transfer fees.
\n Highlighted areas in the images serve only for identification and may not accurately depict the exact boundaries.
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