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Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)
Coverage: 0.5
Density: 1.2
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 1.19 Km
Tourist: 33.73 Km
Industrial: 1.55 Km
Agricultural: 3 Km
Farm: 6.29 Km
An outstanding investment opportunity to acquire a prime commercial plot in one of Strovolos' most established commercial avenues, offering excellent visibility and easy accessibility.Positioned in a strategic location with approximately 21 metres of road frontage, this property is ideally suited for a wide range of commercial developments, making it an excellent choice for developers and investors seeking a high-exposure project.Property Highlights:Plot Size: 510 sqmCommercial Zone: Εβ5Building Density: 120%Maximum Floors: 3Approx. 21m road frontageArchitectural plans available for a commercial building or residential apartments with ground-floor retail shopsNo VAT – Sale through company shares, offering significant savings for the purchaser.The existing architectural concept provides an excellent foundation for a modern mixed-use commercial development, while the zoning allows flexibility for a variety of commercial uses (subject to the relevant planning approvals).Its prominent location on a busy commercial avenue ensures exceptional exposure, making it ideal for retail, hospitality, offices, or other commercial ventures.For further information or to arrange a viewing, please contact our office.
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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