Investment project 2,847 m² in Egkomi

This asset is a mixed use building in Engomi, Nicosia. The asset comprises of a ground floor showroom of 516 m² with a 376 m² mezzanine, three additional floors of 510sqm, 364 m² and 429 m² and a basement of 652 m² The shop has a large storefront and can accommodate many retail uses. The immediate area of the property is mainly developed with mixed use buildings, with retail units on the ground floor and offices or apartments on the floors above. Ilia Papakyriakou Avenue is a busy commercial street in Engomi which provides easy access to other areas of Nicosia. The asset falls within two planning zones: - Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17/14,3m. - and Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.