Plot for Sale in Engomi, Nicosia District

This is a well positioned commercial plot located in the sought after area of Engomi Nicosia. The asset lies just 200 meters southwest of Prodromou and Vyzantiou intersection and approximately 450 meters from the junction of Griva Digeni and Prodromou avenues. It enjoys a highly visible location directly opposite Engomi High School and is only 200 meters northeast of Kykkos A Lyceum. The plot spans a total area of 781sq.m. and benefits from a prominent corner position. It features 20 meters of frontage along Stasinou Street west and 40 meters along Andreas Dimitriou Street south offering excellent accessibility and visibility. The property currently includes a ground floor structure with a basement. According to the area s planning zone the existing structure is considered economically obsolete and does not reflect the highest and best use of the site presenting a strong redevelopment opportunity. The property falls within Zone 2 with a building coefficient of 180 coverage of 50 and permission for 8 floors 31m of construction. There is a title deed in place that corresponds to the land.