1487m2 Land in Nicosia, No. 40536

Property description

A plot of 1,487 sq.m. is available for sale in one of the most central and upcoming areas of Nicosia, located near the Landmark Nicosia. This property boasts an exceptional location, offering direct access to the city center, as well as proximity to shops, restaurants, cafés, malls, and other commercial hubs.
The plot is situated within a residential zone, with a building density of 140% and a coverage ratio of 50%, allowing for the development of up to 4 floors with a maximum height of 17 meters. These characteristics make it ideal for residential development or redevelopment, providing significant potential for utilization and investment.
This area is renowned for its strategic location and holds great future growth prospects, further amplified by the ongoing development of the Landmark and the increasing demand for properties in the vicinity.

An excellent opportunity for investment or development. Contact us for more information!