PRIME COMMERCIAL PLOT IN ENGOMI,NICOSIA - Published

Engkomi, Nicosia

Overview

Reference

29988

Category

Commercial

Property type

plot

City

Nicosia

Furnished

No

Description

This is a well-positioned commercial plot located in the sought-after area of Engomi, Nicosia. The aproperty enjoys a highly visible location just a few meters to a high school and a Lyceum. The plot spans a total area of 781sq.m. and benefits from a prominent corner position. It features 20 meters of frontage offering excellent accessibility and visibility. The property currently includes a ground-floor structure with a basement. According to the area’s planning zone, the existing structure is considered economically obsolete and does not reflect the highest and best use of the site, presenting a strong redevelopment opportunity. The property falls within Zone Εβ2, with a building coefficient of 180%, coverage of 50%, and permission for 8 floors (31m) of construction. There is a title deed in place that corresponds to the land.