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Plot of land in the center in Nicosia Project №106849

106849
https://dom.com.cy/upload/uf/ee9/xa3mpj47pf2iq1r4q2q2lqrv68vmdv2s.jpeg
564
Plot for sale in Nicosia
Additional:
Title deed
New building
Elevator
Kitchen
Staff room
Description:

An exceptional opportunity to acquire a prime plot of land in the heart of Nicosia. This ideal and attractive location is perfect for developing a building with offices or apartments, a hotel, or university student halls

Permitted Building Density: Up to 4,000 m² with the potential to gain an additional 20% area under certain conditions.

Current Occupancy: The ground floor currently hosts 3 shops owned by different owners. Agreements are in place to terminate the tenants' contracts, ensuring a smooth transition for the new owner.

Demolition Ready: Upon purchase, the current tenants will vacate the premises, and demolition works can commence immediately.

This plot offers an excellent investment opportunity in a bustling central location.

For more information, please feel free to contact us.

Read more
Object
№106849
Type:
Commercial
City:
District:
Complex:
Developer:
Total area:
533 m2
Land area:
4673 m2
Storey:
7
Year of construction:
2026
Energy efficiency class:
A
Payback:
14 years
ROI:
13%
4 100 000 EUR + VAT
7 692 EUR/m2
2025-11-23T12:48
106849
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