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    For Sale

    Ref: 30807

    Land, For Sale, Nicosia, Strovolos, Agios Vasileios

    Nicosia, Strovolos, Agios Vasileios
    €950,000+VAT
    plot_area_amount 2,074m²
    building_density 120%
    town_planning_zone Commercial
    Plot Area
    2,074m²
    Building Density
    120%
    Town Planning Zone
    Commercial

    FOR SALE - Large commercial field in Strovolos, Nicosia

    Location
    • This commercial field is situated in a central location of Agios Vasileios Quarter, in Strovolos Municipality.
    • It is located within a short walking distance from Strovolos Town Hall.
    • The area, is characterised by commercial and residential activities and offers a variety of amenities and facilities such as schools, supermarkets, many shops and other services.
    Land Characteristics
    • The field has an area of 2.074sqm with irregular shape and a level surface.
    • It borders two public roads with a frontage of 20 metres and 10 metres, respectively.
    • It falls within the planning zone Eβ5 with building density 120% and building coverage 50%. that can be built up to three floors.
    • With the right planning permission, the property could be utilised and developed in a commercial three-storey building of mixed or commercial use.
    • This property is bordered by government-owned land on its southwestern border.
    • The property is affected by a road widening scheme of approximately 27sqm.
    Advantages - Special Features
    • Large commercial field in a high demand location.
    • It is important to mention that a concept design was prepared, which demonstrates that the property is suitable for the development of two buildings. On the northern part the concept includes a three-storey commercial building with 2 shops with mezzanine on the ground floor and office spaces on the 2 upper floors. On the southern part it includes a three-storey residential building with 21 apartments on the three upper floors and parking spaces with storage rooms on the ground floor. Furthermore, the proposed development will include a basement with parking spaces and storage rooms.

    Details

    City: Strovolos
    Land Type: Field
    Town Planning Zone: Commercial
    Zone: EΒ5
    Building Coverage (%): 50%
    Building Density: 120%

    Areas

    Plot Area: 2,074m²

    Nicosia BP Properties

    Land, For Sale, Nicosia, Strovolos, Agios Vasileios

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