Description
Located in a sought-after area near Frederick University, this corner plot offers a fantastic investment opportunity. Currently featuring a building with three spacious retail shops, the property comes with approved building permits for a four-plus-one-story development, ideal for creating modern 1, 2, and 3-bedroom apartments. Whether you're targeting families, couples, or student rentals, this location provides the perfect blend of convenience and tranquility.
Situated close to all key amenities, yet in a peaceful neighborhood, this plot offers the best of both worlds.
With no VAT applicable, it’s an even more attractive investment.
Planning Zone Details:
Zone: Κα3
Density: 1.4
Coverage: 0.5
Max Floors: 4
Max Height: 17m
Don’t miss out on this rare opportunity to build in one of Nicosia’s prime locations!
