Commercial plot in a central location in Panagia quarter in Nicosia, at a distance of approximately 200 meters northwest of the “Athienitis” supermarket and 175 meters north of Larnakos avenue.

The plot has a rectangular shape and a level surface. It abuts onto an avenue along its eastern boundary with a total frontage of approximately 24 meters. Within the property there is a single-storey building that bares no economical value.

The property is located close to a plethora of services and amenities and it offers an excellent access to the city centre.

It is noted that the plot falls within the commercial zone EZ-α which allows the construction of an eight-storey building. In addition, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.