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500 SQM Plot for sale in Strovolos, Nicosia

Strovolos, Nicosia, Cyprus
500 SQM Plot for sale in Strovolos, Nicosia 708 Strovolos
Offers in the region of
450000 €450,000 ($490,030)
500 SQM Plot
Strovolos, Nicosia
Offers in the region of
€450,000  ($490,030)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $17,151

Average Bank Rate (€450,000)
1 USD = 0.8873 EUR

Mid-market rate (€450,000)
1 USD = 0.9183 EUR

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: 962778
  • Plot: 500 sqm
  • Zone


Commercial corner plot in a central and lively location in Agios Vasileios Quarter in Strovolos Municipality, at a distance of 1200 meters (approx.) northeast of «METRO» round about and 530 meters (approx.) northeast of Agios Vasileios Gymnasium.The property is ideally situated close to a plethora of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoys excellent access to the motorway and the city center.The plot has corner location and abuts onto Strovolou Avenue and Taki Sophocleous street. It has a regular shape and a level surface. It abuts onto a public road along its western and southern boundary with a total frontage of 35 meters (approx.).Within the plot there is a ground floor building with shops of approximate 204sqm plus mezzanine of approximate 146sqm. It is noted for the property there is evacuation agreement to be vacated (freehold) until 31/01/2023.The plot is suitable for the construction of a six-storey commercial building and falls within the commercial zone (Eb3) with building density 160% and coverage 50%.It is considered as an ideal choice for a land developer or an individual. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Nicosia Municipality: Strovolos Quarter: Agios Vasilios

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Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€808 ($879)
If buying on joint names
€808 ($879)
Transfer fees
If buying as an individual
€14,600 ($15,899)
If buying on joint names
€11,200 ($12,196)

Disclaimer - Property reference 962778. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars.

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