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510 SQM Commercial Plot
Strovolos, Nicosia

€260,000  ($298,317)

STARMAX

STARMAX

Reg. No: 1267 / Licensed No: 514/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 $10,441

Average Bank Rate (€260,000)
1 USD = 0.8421 EUR
$308,758

Mid-market rate (€260,000)
1 USD = 0.8716 EUR
$298,317

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.

Planning Zone

Commercial (ΕΒ5)

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)


Nearby planning zones

Residential: 1.19 Km

Tourist: 33.73 Km

Industrial: 1.55 Km

Agricultural: 3 Km

Farm: 6.29 Km

Key features

  • Listing ID: 8966116 (31426)
  • Plot: 510 sqm

Description

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 privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€7,000 ($8,032)
If buying on joint names
€4,800 ($5,507)

Disclaimer - Property reference 8966116. 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.

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