Commercial plot of 520 m2 for sale on Vyzantiou Street in Egomi area

For Sale / EUR 580.000 (VAT not included)
357 70007700
pnicolaou@nicolaouestates.com

Reduced from EUR 650.000
Property ID:
VL10977
Office Code:
NVL-4CHMI
Type:
Land / Plot
35
2
246
Area:
Engomi
District:
Nicosia
Plot Size:
520 m2
Land Type:
Commercial
Tenure:
VAT not included
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DESCRIPTION

This is a corner plot located in the desirable Vyzantiou Street in Engomi, which is 200 meters away from European University of Nicosia and is surrounded by several restaurants , coffee shops and supermarkets.

With a density 160% over 4 floors, an investor can build approximately 833 sq.m. of internal space , plus 130 sq. mezzanine, which can either  (A)  a combination one and two bedroom apartments, depending on apartment sizes or (B) shops on the ground floor and four floors of office space or (C) a combination of the two.

Being in the city center , there is high demand for rent by both professionals and students, promising a high staple return for an investor.

MAIN PROPERTY FEATURES
Vyzantiou Avenue - near European University  
This land / plot in Engomi, Nicosia is being offered for sale at EUR 580.000 (VAT not included).
To arrange an appointment to view this and any other property from our website, please call or email us directly.

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