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

Archived / EUR 1.200.000
77775070
or  +357 95598488

Property ID:
VL9052
Office Code:
4CHMI
Type:
Land / Plot
35
1
246
Area:
Engomi
District:
Nicosia
Plot Size:
1.070 m2
Land Type:
Commercial
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 archived at EUR 1.200.000.

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