City Centre Gem
€ 2,700,000
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
€ 525,956
Residential Plot Price
€ 3,383,333
% PROPERTY TYPES
12% Plots
88% Flats
% BEDROOMS
5% 1 Bed Flat
50% 2 Bed Flat
45% 3 Bed Flat
AVERAGE PRICES BY NUMBER OF BEDROOMS
1 Bed Flat
€ 190,000
2 Bed Flat
€ 390,454
3 Bed Flat
€ 712,200
PRICE RANGE
Flats:
€ 190,000 - € 1,400,000
Houses:
-
Residential Plots:
€ 2,700,000 - € 4,700,000