This 557m² residential plot, located in the heart of Nicosia City Center, offers a fantastic opportunity for development. The plot features an existing structure that can be demolished, making way for a new project. With a building density of 140% and a coverage of 50%, you have the potential to construct a multi-storey building of up to four floors, with a maximum height of 17 meters.
Its prime location provides easy access to all essential amenities, including shops, restaurants, schools, and public transportation, making it an ideal choice for both residential and mixed-use development. This plot is a perfect fit for investors or developers looking to create modern living spaces or commercial properties in one of the most sought-after areas of Nicosia.
Whether you're planning to build a new residential building or a combination of apartments and retail spaces, this plot presents a great opportunity for high returns and long-term value in a rapidly evolving urban area.