Commercial plot of 520 m2 for sale on Vyzantiou Street in Egomi area
For Sale / EUR 580.000 (VAT not included)
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.
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