Description

For sale two excellent located adjacent commercial plots of land in one of the most sought-after commercial streets in Nicosia. Total size 1,057sq.m. The property is ideal for commercial use. It has a street-front of about 45 meters and it ideal for a development with shops and offices. The area is popular for accounting companies, doctors, lawyers, offshore companies, companies headquarters etc.Both plots fall within the Commercial Planning Zone EB2. 180% Building Density Coefficient50 % Building Coverage Coefficient8 Floors31m Height There are Preliminary views from Nicosia Municipality regarding the size of the new project that can be built. Due to the size of both plots ( 1,000sq.m) there is an extra 10% building density allowance.On the plot there are two old buildings that can be demolished.