Prime Commercial Plot in Engomi, Nicosia – id S4975

This is a well-positioned commercial plot located in the sought-after area of Engomi, Nicosia. andlt;brandgt; The asset lies just 200 meters southwest of Prodromou and Vyzantiou intersection and approximately 450 meters from the junction of Griva Digeni and Prodromou avenues. It enjoys a highly visible location directly opposite Engomi High School and is only 200 meters northeast of Kykkos A’ Lyceum. andlt;brandgt; andlt;brandgt; The plot spans a total area of 781sq.m. and benefits from a prominent corner position. andlt;brandgt; It features 20 meters of frontage along Stasinou Street (west) and 40 meters along Andreas Dimitriou Street (south), offering excellent accessibility and visibility. andlt;brandgt; andlt;brandgt; The property currently includes a ground-floor structure with a basement. According to the area’s planning zone, the existing structure is considered economically obsolete and does not reflect the highest and best use of the site, presenting a strong redevelopment opportunity. andlt;brandgt; andlt;brandgt; The property falls within Zone Εβ2, with a building coefficient of 180%, coverage of 50%, and permission for 8 floors (31m) of construction. andlt;brandgt; andlt;brandgt; There is a title deed in place that corresponds to the land.