Corner plot for sale in Nicosia city center, off Makarios Avenue

Archived / EUR 850.000
77775070
or  +357 95598488

140% building density
Property ID:
VL6787
Office Code:
7CHLU
Type:
Land / Plot
Floor No.:
4
35
1
243
Area:
Town Center
District:
Nicosia
Year Built:
1977
Covered Internal Area:
1.200 m2
Plot Size:
688 m2
Land Type:
Residential
Energy Rating:
C
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DESCRIPTION

Corner plot for sale in Nicosia city center, off Makarios Avenue, near Debenhams. The plot has size 688m2 and a 140% building density over four floors. Ideal for residential development in an area with high demand.


At the moment in this plot there is a forty year old structurally sound building, consisted of four two bedroom apartments, eleven one bedroom apartments, six studio apartments, three shops all with individual title deed and parking on the ground floor. If the building is renovated, income is expected to be approximately 100,000 per year.

MAIN PROPERTY FEATURES
For Investment  
This land / plot in Town Center, Nicosia is being offered archived at EUR 850.000.

To arrange an appointment to view this and any other property from our website, please call or email us directly.

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