Property 2000 Strovolos, Nicosia / 30807

Location • This commercial field is situated in a central location of Agios Vasileios Quarter, in Strovolos Municipality. • It is located within a short walking distance from Strovolos Town Hall. • The area, is characterised by commercial and residential activities and offers a variety of amenities and facilities such as schools, supermarkets, many shops and other services.

Land Characteristics • The field has an area of 2.074sqm with irregular shape and a level surface. • It borders two public roads with a frontage of 20 metres and 10 metres, respectively. • It falls within the planning zone Eβ5 with building density 120% and building coverage 50%.

that can be built up to three floors. • With the right planning permission, the property could be utilised and developed in a commercial three-storey building of mixed or commercial use. • This property is bordered by government-owned land on its southwestern border. • The property is affected by a road widening scheme of approximately 27sqm.

Advantages - Special Features • Large commercial field in a high demand location. • It is important to mention that a concept design was prepared, which demonstrates that the property is suitable for the development of two buildings. On the northern part the concept includes a three-storey commercial building with 2 shops with mezzanine on the ground floor and office spaces on the 2 upper floors.

On the southern part it includes a three-storey residential building with 21 apartments on the three upper floors and parking spaces with storage rooms on the ground floor. Furthermore, the proposed development will include a basement with parking spaces and storage rooms.