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604 SQM Plot for sale in Strovolos, Nicosia

Strovolos, Nicosia, Cyprus
604 SQM Plot for sale in Strovolos, Nicosia 2674 Strovolos
730000 €730,000  ($793,136)
604 SQM Plot
Strovolos, Nicosia

€730,000  ($793,136)

VAT Applicable not included in the price
Fox Smart Estate Agency Nicosia

Fox Smart Estate Agency Nicosia

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $27,760

Average Bank Rate (€730,000)
1 USD = 0.8893 EUR
$820,896

Mid-market rate (€730,000)
1 USD = 0.9204 EUR
$793,136

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1376331 (34734)
  • Plot: 604 sqm
  • Zone
  • Cover Factor: 50%

Description

Location
• Situated in the bustling Agios Demetrios area of Strovolos, offering excellent visibility on a high-traffic street.
• Walking distance to prominent landmarks such as "The English School" and the Presidential Palace.
• Close proximity to a wide range of amenities including supermarkets, restaurants, cafes, schools, and more.
• Well-connected to Nicosia city center, with quick access to Makarios Hospital.
Plot Characteristics
• Regularly shaped plot with a flat surface.
• Extensive road frontage along the southwest side, with about 47 meters of frontage.
• Subject to a road-widening scheme, reducing the total area by approximately 107 sqm.
• The dual road frontage provides added development flexibility.
Development Potential
• Located in the Εβ3 planning zone with a 160% building coefficient and 50% coverage coefficient.
• Maximum allowed building height of 24 meters, with permission for up to 6 floors.
• Ideal for commercial or mixed-use development.
• Great opportunity for developers or investors due to its strategic location and development parameters.
• The plot is currently vacant, allowing for immediate construction plans.
Investment Benefits
• High demand area due to its strategic location and excellent accessibility.
• Perfect for creating a commercial or mixed-use development to meet the growing needs of the area.
• The large plot size and dual road frontage offer versatile design and construction options.

Disclaimer - Property reference 1376331. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

We SOLD 1243 properties in Strovolos and nearby areas! We know our local area and we can sell your property in record time and for the best price.