Central plot in Nicosia City Centre, ideal for high-rise buildings!

Central plot available for sale in Nicosia city centre, near Starbucks! The property falls within the Nicosia City Center Area Plan, allowing for the development of a high-rise building!

Plot size: 554m²
Planning Zone: ΠΕΖ
Density: 250% (can be increased up to 450% through the use of incentives, or even more upon agreement with the Department of Town Planning and Housing)
Coverage: 70%
Maximum number of floors: No limit

Within the plot there is a mid-1980’s building consisting of a whole floor apartment and two shops with mezzanine.