Plot, For Sale, Nicosia, Strovolos

Location
• Situated within a prime and highly sought-after residential area of Strovolos, offering an exceptional suburban lifestyle in the capital.
• This prestigious location is just a short distance from major entertainment venues, including the K-Cineplex, providing convenient access to leisure activities.
• The property enjoys close proximity to reputable educational institutions, such as the Archbishop Makarios III Technical School, making it ideal for families.
• Residents will benefit from superb connectivity to the rest of the city and beyond via easy access to Nicosia's main arterial road network.
• Nestled within a well-established and tranquil neighbourhood, the area is characterized by high demand and a strong community feel.
• The surrounding district offers a perfect blend of peaceful residential living with the convenience of nearby shops, cafes, and essential services.

External Features
• This offering comprises a significant one-third share of a large residential field, corresponding to a substantial plot area of approximately 1,279 square metres.
• The land benefits from a perfectly regular rectangular shape and an entirely flat surface, which greatly facilitates planning and reduces initial construction costs.
• Direct and guaranteed access is provided via a registered public road, ensuring legal and straightforward entry to the future development.
• The parent field boasts an extensive road frontage of approximately 54 metres, promising excellent visibility and accessibility for any planned project.
• A formal subdivision process is currently in progress, which will result in the creation of three separate and clearly demarcated residential plots.

Advantages - Special Features
• This asset represents an outstanding opportunity for developers or individuals aiming to construct a bespoke residence in a premier Nicosia location.
• The Κα8 residential planning zone permits a generous building density of 60% and site coverage of 35%, allowing for substantial development.
• Zoning regulations allow for the construction of a two-storey building with a maximum height of 8.3 metres, offering design flexibility for a modern home.
• Its strategic position in an area with strong rental and sales demand makes it a compelling investment with significant potential for capital appreciation.
• The existence of a clean title deed for the specific share ensures a secure and transparent purchasing process for the new owner.
• The plot is ideally suited for the development of a luxurious private villa or a multi-unit residential building, catering to the area's robust market.