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Property Features

Road

Property Description

Corner commercial plot in a lively and central location in Panagia Quarter in Nicosia Municipality. The property is ideally situated close to a plethora of amenities and services such as supermarkets, shops, schools etc. In addition, the property enjoys excellent accessibility to the Nicosia city center.

The plot has an irregular shape and a level surface. It abuts onto Larnakos avenue along is western boundary and on Michalakis Karaolis street along its southern boundary with a total frontage of 22 meters (approx.). Within the property there is a ground floor house that bares no economical value.

It is noted that the plot falls within the commercial zone Eb2 which allows the construction of an eight-storey building.

  • Planning zone: Εβ2
  • Building Coefficient: 1,8
  • Coverage Coefficient: 0,5
  • Maximum Floors Allowed: 8
  • Maximum Building Height: 26,5 m

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