Property 2000 Strovolos, Nicosia / 34734
Prime Commercial Plot In Bustling Strovolos Area With High Visibility And Development Potential.
3
For Sale • Deal
730,000€
Estimated Mortgage
/month
604
Plot m2
Overview
Property Description
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.
Location
46.72 kms
111.09 kms
0.98 kms
1.10 kms
1.42 kms
2.37 kms
2.49 kms
2.56 kms
2.77 kms
2.80 kms
3.23 kms
3.90 kms
3.94 kms
4.34 kms
5.27 kms
0.86 kms
2.33 kms
2.60 kms
2.69 kms
2.73 kms
2.77 kms
2.82 kms
2.84 kms
3.24 kms
3.51 kms
4.16 kms
4.30 kms
Transfer Fees
Transfer Fees Individual
25,800 €
Transfer Fees Joint Names
22,400 €
Stamp Duty
1,368 €