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Commercial Plot in Strovolos Nicosia

Plot
Sale
€ 980,000 + VAT
2074 m2
Nicosia, Strovolos
Overview
Property ID : A35710
Plot Type
Sale Contract
2074 Square meters
€ 980,000 + VAT Price
Commercial Plot in Strovolos Nicosia
Nicosia, Strovolos

Large commercial plot in a central location of Agios Vasileios Quarter, in Strovolos Municipality.

It is situated in a central and active area, characterized by its commercial and residential activity and offers a variety of amenities and facilities such as schools, supermarkets, bus stops and other facilities.

It has a building density of 120% and with the right planning permission, the property could be utilized 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.

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 storages on the ground floor. Furthermore, the proposed development will include a basement with parking spaces and storages.

 

District: Nicosia

Municipality: Strovolos

Quarter: Agios Vasilios

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