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1,201m² Plot for Sale in Nicosia - Agios Antonios

  • €2 500 000
Price per m²
€2082/m²
Title Transfer Fee
~€96,600
INDEX AI found 1 similar listings.
  • Ref. #: VL45990
  • Plot area: 1201m²

The property consists of two adjacent plots one residential and one commercial in Agios Antonios. It is located in a privileged location on the Makarios III Avenue of Nicosia near the capital s commercial and administrative center. The plots have a total area of 1 201sqm. Within the plot with reg.no. 1 3076 there is a two storey building used as a restaurant currently vacant. The plot with reg.no. 1 3077 is also vacant. Plot with reg.no. 1 3076 adjoins Archbishop Makarios III Avenue and in terms of urban planning it falls within the Category I Activity Axis axis of primary importance which allows residential and or office and or commercial development and or a combination. Based on the Nicosia local plan the unification of the two plots provides incentives to increase the building coefficient. The property is ideally located in a vibrant area undergoing extensive and significant redevelopment to be established as a new business hub with the development of the Nicosia City Center and the refurbishment of the new Landmark Hotel. It boasts a strategic position with convenient access to the main highway connecting Nicosia to Limassol and Larnaca ensuring seamless connectivity. The location offers a wide range of diverse amenities and services with key commercial avenues John Kennedy Avenue Makariou Avenue and the Central Bank of Cyprus just around the corner catering to all business and personal needs. The property is situated on a premium elevated site providing unobstructed views of both the Makariou Avenue and the historic center of Nicosia. It combines modern convenience with historic charm making it an exceptional investment opportunity.

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  • Minucipality: Nicosia - Agios Antonios
  • District: Nicosia
  • €2 500 000
Price per m²
€2082/m²
Title Transfer Fee
~€96,600
INDEX AI found 1 similar listings.
  • Agency
  • R.N.:693 L.N.:365/E
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Other Listings of This Property

0
  • €2 500 000
  •   €4789/m2
  • 522m²
  • Pre-Owned
  • 50793
Mixed Use Property for Sale in the prime area of Agios Antonios, in Nicosia. The property comprises two adjacent plots, one residential and one commercial, totaling 1,201 square meters, located in the Agios Antonios quarter of Nicosia. Situated on a main street of Nicosia, these plots offer a strategic position near Nicosia’s commercial and administrative center. One plot features a vacant two-story building previously used as a restaurant, while the other remains undeveloped. The plots fall within the Category I Activity Axis, permitting residential, office, commercial, or mixed-use developments. Unifying the plots may provide incentives for increased building density, with allowances up to 200%, coverage ratios of 50%, and building heights up to 38 meters across ten floors. This area is undergoing significant redevelopment, emerging as a new business hub with projects like the Nicosia City Center and the refurbishment of the Landmark Hotel. The location offers convenient access to…
  • Agency
INDEX AI found 1 similar listings.

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