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Pay in USD and save up to $438,392Commercial field located Strovolos Municipality and with a tremendous commercial development potential. The subject area is mainly characterised by shops, restaurants, schools, banks, gym, supermarkets and almost every type of service. The property has added planning incentives which further add to the allowable building density.
The property enjoys a corner position, it abuts on its eastern boundary, with total frontage of 130 meters, on its northern boundary with total frontage of 45 meters and on its western boundary with total frontage of 120 meters.
At the moment, on the property there is a building complex, consisting of showrooms, offices and a garage., which it is considered economically obsolete, after taking into consideration the large development potential.
Key Advantages:
• Strategic Location: Situated on an Avenue with a bustling commercial hub, ensuring high visibility and traffic.
• Three-Road Frontage: Exceptional accessibility from all directions, ideal for businesses seeking maximum exposure. May be subject to vat. For further details, please contact us.
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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