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Pay in USD and save up to $23,217Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.6
Height: 24 meters
Allowed stories: 6
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 0.51 Km
Commercial: 0.15 Km
Tourist: 33.33 Km
Industrial: 1.87 Km
Agricultural: 3.26 Km
Farm: 8.6 Km
Mixed-use plot located in a prime area of Strovolos, close to Athalassas Avenue.
The property has an almost rectangular shape, a total land area of 595 sq.m., and benefits from approximately 18 metres of frontage on a public road.
The plot falls within two planning zones:
Residential Planning Zone Κα4 (26%) – Building density of 120%, coverage ratio of 50%, with permission for up to 3 floors and a maximum building height of 13.5 metres.
Commercial Planning Zone Εβ3 (74%) – Building density of 160%, coverage ratio of 50%, with permission for up to 6 floors and a maximum building height of 24 metres.
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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