#13431
For Sale, Prime Commercial Plot in Engomi, Nicosia
995,000€
#13431
For Sale, Prime Commercial Plot in Engomi, Nicosia
995,000€
781m²
18,000%
5,000%
781m²
18,000%
5,000%
Property Description
This is a well-positioned commercial plot located in the sought-after area of Engomi, Nicosia.The asset lies just 200 meters southwest of Prodromou and Vyzantiou intersection and approximately 450 meters from the junction of Griva Digeni and Prodromou avenues. It enjoys a highly visible location directly opposite Engomi High School and is only 200 meters northeast of Kykkos A’ Lyceum.
The plot spans a total area of 781sq.m. and benefits from a prominent corner position.
It features 20 meters of frontage along Stasinou Street (west) and 40 meters along Andreas Dimitriou Street (south), offering excellent accessibility and visibility.
The property currently includes a ground-floor structure with a basement. According to the area’s planning zone, the existing structure is considered economically obsolete and does not reflect the highest and best use of the site, presenting a strong redevelopment opportunity.
The property falls within Zone Εβ2, with a building coefficient of 180%, coverage of 50%, and permission for 8 floors (31m) of construction.
There is a title deed in place that corresponds to the land.
Property Info
13431
995,000€
Nicosia
Details
Land Type:
Plot
Town Planning Zone:
Commercial
Cover Factor:
5,000%
Building Density:
18,000%
Areas
Plot Area:
781m²
Main Features
Registered Road:
Corner Plot:
Mortgage Calculator
Amount Financed:
Mortgage Payments:
Annual cost of Loan:
Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.
