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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