Property 57988 Strovolos, Nicosia / 49273
Prime redevelopment opportunity in Strovolos Municipality.
Price
245,000
Estimated mortgage
844
/mo
Key facts
336 m²
Overview
Property Description
This property offers a prime redevelopment opportunity in Strovolos Municipality (Chryseleousa Quarter), Nicosia.
• The site features an older 97 sq.m. detached house on 336 sq.m. of land, with a demolition permit valid until 16/10/2028, ensuring a cost-effective transition to redevelopment.
• Zoned Εβ4 Commercial, the land allows high-density vertical development: 50% coverage, 140% building coefficient, up to 4 floors (potential 5 via planning incentives), and 17m height. Ideal for a modern mixed-use project with ground-floor shops and 4 premium apartments.
• Strategically located, near Strovolos Town Hall, within walking distance to Nicosia’s commercial center and amenities.
• A separate title deed is available.
• The site features an older 97 sq.m. detached house on 336 sq.m. of land, with a demolition permit valid until 16/10/2028, ensuring a cost-effective transition to redevelopment.
• Zoned Εβ4 Commercial, the land allows high-density vertical development: 50% coverage, 140% building coefficient, up to 4 floors (potential 5 via planning incentives), and 17m height. Ideal for a modern mixed-use project with ground-floor shops and 4 premium apartments.
• Strategically located, near Strovolos Town Hall, within walking distance to Nicosia’s commercial center and amenities.
• A separate title deed is available.
Property Highlights
Services
Electricity
Water
Sustainability / Energy
Energy efficiency rating
Energy data pending
Location
Open in mapsNearby
Airports near the property
48.19 km
108.65 km
Beaches near the property
No nearby places available in this category.
Education
1.09 km
2.00 km
2.13 km
2.48 km
2.57 km
2.93 km
Winery
No nearby places available in this category.
Getting around in Strovolos
3.12 km
3.59 km
3.75 km
3.88 km
4.19 km
4.27 km
4.39 km
4.48 km