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Pay in USD and save up to $17,140For Sale Residential Plot In Strovolos,Nicosia
Prime Commercial & Residential Development Opportunity!
Located in a highly sought-after and strategic area of Nicosia, this premium 595 sq.m. commercial and residential plot offers an absolutely exceptional opportunity! It represents a highly valuable, functional asset for visionary developers, corporate investors, or businesses looking to construct a landmark multi-story building right near the capital's main commercial arteries!
Powerful Development Potential & Zoning
This remarkable property features a highly advantageous Εβ5 commercial planning zone, granting a powerful 120% building density and a 60% coverage factor! With allowances for up to 3 floors and a maximum height of 13.5 meters, it provides the ultimate foundation to design and construct a substantial mixed-use architectural project, such as premium ground-floor retail spaces combined with luxury upper-level apartments or executive corporate offices! The perfectly sized 595 sq.m. plot ensures optimal space for an impressive building footprint alongside essential parking facilities to maximize your investment return!
Key Property Features
Property Type: Residential and Commercial Plot
Plot Area: 595 sq.m.
Planning Zone: Εβ5 (100% Commercial)
Building Density: 120%
Coverage Ratio: 60%
Max Floors: 3 Floors
Max Height: 13.5 meters
Nearby Landmarks
Conveniently located for a vibrant and highly active business or urban routine, this exceptional plot is exceptionally well-positioned! Future tenants, residents, or business owners will enjoy immediate access to:
Major commercial avenues with premium retail shops, cafes, and restaurants!
The Strovolos Municipal Hall and surrounding administrative services!
Top-tier local supermarkets, traditional bakeries, and essential daily services right in the neighborhood!
Leading financial institutions and corporate headquarters!
The European University of Cyprus and surrounding academic facilities!
Aretaeio Private Hospital for immediate premium healthcare access!
Highly efficient and straightforward access directly into the Nicosia city center and the main highway network!
Contact G&P Lazarou Estate Agents today at +357 22024949 or email [email protected] to arrange your private viewing!
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.
Disclaimer - Property reference 8434001. 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.
