Property 36317 Strovolos, Nicosia / 34734

Location
• Situated in the bustling Agios Demetrios area of Strovolos, offering excellent visibility on a high-traffic street.
• Walking distance to prominent landmarks such as "The English School" and the Presidential Palace.
• Close proximity to a wide range of amenities including supermarkets, restaurants, cafes, schools, and more.
• Well-connected to Nicosia city center, with quick access to Makarios Hospital.
Plot Characteristics
• Regularly shaped plot with a flat surface.
• Extensive road frontage along the southwest side, with about 47 meters of frontage.
• Subject to a road-widening scheme, reducing the total area by approximately 107 sqm.
• The dual road frontage provides added development flexibility.
Development Potential
• Located in the Εβ3 planning zone with a 160% building coefficient and 50% coverage coefficient.
• Maximum allowed building height of 24 meters, with permission for up to 6 floors.
• Ideal for commercial or mixed-use development.
• Great opportunity for developers or investors due to its strategic location and development parameters.
• The plot is currently vacant, allowing for immediate construction plans.
Investment Benefits
• High demand area due to its strategic location and excellent accessibility.
• Perfect for creating a commercial or mixed-use development to meet the growing needs of the area.
• The large plot size and dual road frontage offer versatile design and construction options.