Situated in the sought-after parish of Apostolos Varnavas & Agios Makarios, within the vibrant Municipality of Strovolos in Nicosia District.

This property offers a rare opportunity to acquire a 33% undivided share of a well-positioned field \u2014 representing approximately 530sq.m. of land.

The property boasts a road frontage of approximately 54m along its western boundary, providing easy accessibility.

The share abuts a non-registered, asphalted road along part of its eastern boundary, with a frontage of approximately 4.7 m.

Strategically located just:
\u2022 1.3 km from the A1 motorway
\u2022 500 meters southwest of Apostolos Varnavas Lyceum
\u2022 200 meters from the junction of Spyrou Kyprianou Avenue and Vikela

This parcel lies within dual planning zones, enhancing its development flexibility:
\u2022 Zone \u039a\u03b16 (1%): Residential \u2013 90% building density, 50% coverage, up to 2 floors (10m)
\u2022 Zone \u0395\u03b24 (99%): Commercial \u2013 140% building density, 50% coverage, up to 4 floors (17m)

Please note: The share is undivided, and there is currently no distribution agreement in place.","locale":"en"}],"disclaimer":[{"value":["The property is owned by Themis Portfolio (H3) Management Holdings Limited.","The sale of the property, which comprises of a property share is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.","The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).","The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.","Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.