Commercial plot for sale in a busy and central location in the Panagia district of Nicosia Municipality. The property is close to a wealth of amenities and services and has excellent access to the center of Nicosia. Within the property, there is a one-story building that has no economic value. The plot has a rectangular shape and a flat surface with a total frontage of approximately 24 meters. It is noted that the plot falls under the EZ a commercial zone, which allows the construction of an eight-storey building. In addition, it can also benefit from several planning incentives, such as a substantial increase in the permitted building density, as it is located within the area covered by the Nicosia City Center Local Plan.