Nicosia, Nicosia, Address available on request

Details :- Reference: ZCJP-T2291. The property is located at a distance of approximately 35m south of Stasikratous street, 320m north of Spyrou Kyrpianou Avenue and 250m south of Evagorou Avenue.<br /><br />The plot has a rectangular shape, flat even surface and benefits from 45m frontage along Promitheos Street.<br /><br />Within the plot there is a 6-storey old commercial building and a small ground floor house located on the west side of the plot.<br /><br />There are a lot of incentives from Nicosia City Centre Urban Plan that can be adopted in order to construct a multi-storey building.<br /><br />The property is located in a commercial area comprising of high specs commercial buildings, as well as residential developments (blocks of flats and houses).<br /><br />The property is very close to the within the walls city and to public facilities (i.e. restaurant, cafes, shops).<br /><br />There is a demolition permit with an expiration date 12/09/2020.<br /><br />The property is zoned as ΠΕΖ-ΕΚΤΟΣ with 250% building density plus incentives, maximum coverage is 70% until 7th floor and 60% after and a maximum number of floors of at least 4 which can increase depending on incentives.