1000 m2 plot for sale in Engomi , ideal for students' apartments or office space

For Sale / EUR 1.200.000
357 70007700
cnicolaou@nicolaouestates.com

Property ID:
VL9052
Office Code:
NVL-4CHMI
Type:
Land / Plot
35
2
246
Area:
Engomi
District:
Nicosia
Plot Size:
1.070 m2
Land Type:
Commercial
Tenure:
VAT not applicable
Energy Rating:
C
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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 combination 160% and 140% in 4 floors, an investor can build approximately 1500 sq.m. of internal space , which can either  (A)  a combibation of 20 to 30 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
This land / plot in Engomi, Nicosia is being offered for sale at EUR 1.200.000.
To arrange an appointment to view this and any other property from our website, please call or email us directly.

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