Residential Building in Nicosia City Centre
| Residential Building | DP-CY17511
Description
The property is a residential building in Agioi Omologites, Nicosia City Centre.
The building consists of seven units and is situated on a 521 m² plot.
Renovation work has begun but is currently on hold, giving the new owner the flexibility to complete the project according to their own plans and vision.
The property falls within Planning Zone Κα3, offering a building density of 140%, coverage of 50%, permission for up to four floors, and a maximum height of 17 m.
These development parameters make it highly suitable for a full residential redevelopment, an upgrade of the existing structure, or a strategic long-term investment.
Ideally located in the heart of Nicosia, the building provides convenient access to schools, shopping centres, parks, and major transport routes.
Its central setting combined with a quiet neighbourhood atmosphere makes it an appealing base for a modern residential project or a multi-unit income-producing property.