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Pay in USD and save up to $26,459Commercial development or residential renovation opportunity in Strovolos, Nicosia. As a commercial plot, it has huge potential to be developed into a high-rise commercial building, subject to acquiring the relevant permits, since it falls within the commercial planning zone Eβ4 with 140% building density and 50% coverage factor, 4 floors and 17m. height allowance.
Within the plot, there is currently a house that consists of two floors and is divided into a ground-floor apartment and an incomplete apartment on the first floor. There are also covered verandas of approximately 43 sq.m.
The property is located near Athalassas Avenue and approximately 500m to "Kalispera" traffic lights, and is surrounded by all amenities and services, such as schools, hospitals, pharmacies, banks, bakeries, supermarkets and many others.
The house next to it is also available for sale at the price of 595000EURO
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.
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