City Centre Gem
€ 2,850,000
719 m2 Area
250% Build
70% Cover
Property Description
Located in the heart of the city, this plot includes an old house that offers incredible potential for redevelopment. With the possibility to demolish and build a high-rise building, this property benefits from a 250% building factor, allowing for substantial expansion. Perfect for investors or developers looking to capitalize on a prime location with limitless potential.
Property Features
Type
Plot
Status
Resale
Area
719 m2
Build
250%
Cover
70%
Even More Info
Accessibility Road
: AsphaltStreet Level
: SameSurface
: Flat LevelTitle Deed
Plans
Location
Downtown Center, Nicosia Down Town, Nicosia
CURRENT ASKING PRICES PRICES IN DOWNTOWN CENTER
AVERAGE PRICES TODAY
Flat Price
€ 577,263
Residential Plot Price
€ 6,887,500
% PROPERTY TYPES
17% Plots
83% Flats
% BEDROOMS
6% 1 Bed Flat
50% 2 Bed Flat
44% 3 Bed Flat
AVERAGE PRICES BY NUMBER OF BEDROOMS
1 Bed Flat
€ 190,000
2 Bed Flat
€ 435,111
3 Bed Flat
€ 789,625
PRICE RANGE
Flats:
€ 190,000 - € 1,400,000
Houses:
-
Residential Plots:
€ 2,850,000 - € 15,000,000