Huge Land For Development

Nicosia

€ 4,000,000 +VAT

11,788 m2 Area
100% Build
50% Cover

Property Ref: #7473

Property Description

This Local Commercial Centre is surrounded by three roads and is located close to Z’ Elementary School of Lakatamia – Ayiou Panteleymona. Suitable for the development of shops, offices and/or building blocks with title deed, is in zone Εβ6, has a construction area coefficient (Density of 1, a 50% footprint area (coverage)

Property Features

Type

Commercial Plot

Status

Resale

Area

11,788 m2

Build

100%

Cover

50%

Even More Info

Accessibility Road

: Asphalt

Street Level

: Same

Surface

: Flat Level

Plans

Location

Archangelos Area, Nicosia

CURRENT ASKING PRICES PRICES IN ARCHANGELOS AREA

AVERAGE PRICES TODAY

Flat Price
€ 239,375
House Price
€ 687,500
Residential Plot Price
€ 964,000

% PROPERTY TYPES

39 % Houses
39% Plots
22% Flats

% BEDROOMS

10% 1 Bed Flat
25% 2 Bed Flat
5% 3 Bed Flat
15% 3 Bed House
45% 4 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 142,500
2 Bed Flat
€ 262,000
3 Bed Flat
€ 320,000
3 Bed House
€ 508,333
4 Bed House
€ 610,000

PRICE RANGE

Flats:
€ 130,000 - € 320,000
Houses:
€ 335,000 - € 1,750,000
Residential Plots:
€ 170,000 - € 6,700,000