Property 57988 Strovolos, Nicosia / 49273

Prime redevelopment opportunity in Strovolos Municipality.

Price 245,000
Estimated mortgage 844 /mo
Key facts 336 m²

Overview

Community Strovolos
District Nicosia
Property type Residential Land
Plot area 336 m²
Reference 49273

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.

Property Highlights

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Energy efficiency rating Energy data pending

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