Mix Use Plot on Kennedy Avenue, Nicosia
| Commercial Land | DP-CY17924
Description
The property is a mixed-use plot located in the Agioi Omologites area of Nicosia, offering excellent development potential in a prime central location close to all essential amenities and business activity.
The plot has a total area of 658 sq.m., with approximately 71% falling within a commercial planning zone allowing a building density of 160%, coverage of 50%, development of up to 6 floors, and a maximum height of 24 meters.
The remaining 29% falls within a residential zone, allowing a building density of 140%, coverage of 50%, and development up to 17 meters in height.
Its strategic location and dual zoning make the property ideal for a mixed-use development combining commercial and residential elements, offering strong long-term investment and development potential.