Commercial property in Aglantzia, Cyprus No. 43899

Property description

Reference ID: #SA33136Price details: €990,000 +VATThis prime commercial plot in Aglantzia, Nicosia, presents an exceptional investment opportunity. Spanning 1,143 square meters, the strategically located field is positioned a mere 150 meters from Aglantzia City Hall, ensuring proximity to administrative services. Additionally, it stands 1.1 kilometers away from the esteemed University of Cyprus and is conveniently situated within walking distance of the bustling junction of Larnakos and Aglantzias Avenues—recognized as the primary commercial arteries of the area, boasting vibrant commercial activity.With road frontage on both its northern and southern borders, the plot offers accessibility and visibility, making it an ideal location for commercial development. The asset's advantageous position not only facilitates easy access to the city center and major highways but also places it in close proximity to a comprehensive range of amenities.The plot comes with a favorable zoning plan, featuring a building density of 160%, coverage of 50%, a maximum height allowance of 24 meters, and the potential for constructing up to six floors.