Reference ID: #SA33136
Price details: €990,000 +VAT
This prime commercial plot in Aglantzia, Nicosia, presents an exceptional investment opportunity. Spanning 1,143 square meters, the strategically located field is positioned a mere 150 meters from Aglantzia City Hall, ensuring proximity to administrative services. Additionally, it stands 1.1 kilometers away from the esteemed University of Cyprus and is conveniently situated within walking distance of the bustling junction of Larnakos and Aglantzias Avenues—recognized as the primary commercial arteries of the area, boasting vibrant commercial activity.
With road frontage on both its northern and southern borders, the plot offers accessibility and visibility, making it an ideal location for commercial development. The asset's advantageous position not only facilitates easy access to the city center and major highways but also places it in close proximity to a comprehensive range of amenities.
The plot comes with a favorable zoning plan, featuring a building density of 160%, coverage of 50%, a maximum height allowance of 24 meters, and the potential for constructing up to six floors. These parameters provide ample scope for the realization of a diverse range of commercial ventures, from retail establishments to office spaces or mixed-use developments.
In essence, this commercial plot in Aglantzia is a strategic and versatile investment proposition, offering a harmonious blend of location advantages, development potential, and favorable zoning regulations.
