For Sale €2,500,000 - Commercial
The said property of 11960m² is excellent located, at Latsia Municipality about 1500m South East of the flyover junction of GSP stadium, with its eastern boarder of Nicosia – Limassol motorway.
The wider area consists of residential development, as well as shops, showrooms etc.
The property fall within the Special Users/Purpose Zone that provides a wide range of development. Currently the property is marked in the Planning zone EX2, with 80% building density which provides a wide range of development uses such as office blocks, sports facilities, leisure and entertainment facilities and retail showrooms. More over according to Nicosia Local Plan there could be potentially permitted more uses such as Higher Educational institutions, Medical centers, Multi sports facilities, Theme Parks R & D centers and developments banquet halls etc.
All services are in place
Property is subject to VAT