Mixed Use Building In The Old Town Of Nicosia

Mixed-Use Building for Sale in a central location in Agios Savvas, in the old town, in Nicosia. The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops etc. In addition, it enjoys excellent access to the city center. The building has a covered area of 331 sqm and consists of 2 shops on the ground floor. An investment opportunity for a city boutique hotel on the liveliest part of the old city, or student accommodation subject to town planning permits. It is noted that eligible for government subsidy. The property lies within planning zone ΕΖ-εν with maximum building ratio of 160%, coverage ratio of 70% , on 3 floors and maximum height of 11,50m. Density: 160% Coverage: 70% Planning Zone: ΕΖ-εν