Commercial/Residential development opportunity in Strovolos, NIcosia

  • €650,000
Apostolos Varnavas & Agios Makarios

Overview

Property ID: HZ295
  • House
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1985
  • Year Built

Description

Commercial development or residential renovation opportunity in Strovolos, Nicosia. As a commercial plot, it has huge potential to be developed to a high rise commercial building, subject to acquiring the relevant permits, since it falls within the commercial planning zone Eβ4 with 140% building density and 50% coverage factor, 4 floors and 17m. height allowance.
Within the plot there is currently a house which consists of two floors and is divided to a ground floor apartment and an incomplete apartment on the first floor. There are also covered verandas of approximately 43 sq.m.
The property is is located in Andrea Avraamide street, 50m from Athalassas Avenue and approximately 500m to kalispera traffic lights, and is surrounded by all amenities and services, such as schools, hospitals, pharmacies, banks, bakeries, supermakets and many others.

Property Documents

295-30506
295-30506-1
295-30506-2
295-30506-3
295-30506-4
295-30506-5
295-30506-6
  • Address Apostolos Varnavas & Agios Makarios
  • City Nicosia
  • Area Apostolos Varnavas & Agios Makarios
  • Country Cyprus

Details

Updated on October 29, 2023 at 11:49 am
  • Property ID: HZ295
  • Price: €650,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Year Built: 1985
  • Property Type: House
  • Property Status: For Sale

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