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Corner commercial plot in a lively and popular location in Agios Demetrios quarter of Strovolos Municipality. The property abuts onto Athalassa Avenue and Korai street, at a distance of 330 meters (approx.) southeast of private school “The English School” and 900 meters (approx.) southeast of the Presidential Palace.The property is ideally situated close to an abundance of amenities and services such as supermarkets, restaurants, schools, cafes etc. In addition, it enjoys excellent accessibility to the Nicosia city center while the Makarios Hospital is only a short drive away. The vicinity of the property designates an increased demand for properties due to its attractiveness and accessibility.The plot has a regular shape and a level surface. It has an extensive road frontage along its southwest boundary with total frontage of approximate 47 meters. It is noted that the property is subject to road widening scheme of an area of 107 sqm (approx.). The large frontage of the property onto two public roads is considered as an advantage. The plot is suitable for the development of a commercial or mixed-use building.It is considered as an appealing opportunity for a land developer or an individual.It is noted that the property is vacant.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 859659. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.
