Commercial plot of 520 m2 on vyzantiou street - 11437

Lefkosia (Nicosia) district, Egkomi
Posted: 17.07.2020 21:56 Ad ID: 2346305
Commercial plot of 520 m2 on vyzantiou street - 11437
  • Reference number VL 11437
  • Plot area 520 m²

This is a corner plot located in the desirable Vyzantiou Street in Engomi, which is 200 meters away from European University of Nicosia and is surrounded by several restaurants , coffee shops and supermarkets.

With a density 160% over 4 floors, an investor can build approximately 833 sq.m. of internal space , plus 130 sq. mezzanine, which can either (A) a combination one and two bedroom apartments, depending on apartment sizes or (B) shops on the ground floor and four floors of office space or (C) a combination of the two.

Being in the city center , there is high demand for rent by both professionals and students, promising a high staple return for an investor.

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P.N. Nicolaou Estates Ltd

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Posting since oct, 2019

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