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Commercial Plot in Strovolos Nicosia

Plot
Sale
€ 450,000 NO VAT
500 m2
Nicosia, Strovolos
Overview
Property ID : A36795
Plot Type
Sale Contract
500 Square meters
€ 450,000 NO VAT Price
Commercial Plot in Strovolos Nicosia
Nicosia, Strovolos
Commercial corner plot in a central and lively location in Agios Vasileios Quarter in Limassol Municipality.

The property is ideally situated close to a plethora of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoys excellent access to the motorway and the city center.

The plot has corner location and abuts onto Strovolou Avenue and Taki Sophocleous street. It has a regular shape and a level surface. It abuts onto a public road along its western and southern boundary with a total frontage of 35 meters (approx.).

Within the plot there is a ground floor building with shops of approximate 204sqm plus mezzanine of approximate 146sqm. It is noted for the property there is evacuation agreement to be vacated (freehold) until 31/01/2023.

The plot is suitable for the construction of a six-storey commercial building and falls within the commercial zone (Eb3) with building density 160% and coverage 50%.

It is considered as an ideal choice for a land developer or an individual.

 

District: Nicosia

Municipality: Strovolos

Quarter: Agios Vasilios

Characteristics

  • Use: Commercial
  • Land area: 500 m2 (whole share)
  • Title deed: The property has a separate title deed
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