Residential Field in Strovolos, Nicosia
| Residential Land | DP-CY17738
Subject to VAT
Subject to VAT
Subject to VAT
Description
The property comprises a 33% share of a residential field with a total area of 3,837 sq.m., corresponding to approximately 1,279 sq.m., located in a prime area of Strovolos, Nicosia.
The field has a regular rectangular shape and flat topography, offering strong development potential, with direct access via a registered road and a total frontage of approximately 54 metres.
The subdivision of the land into three plots is currently in progress (AX4060/2024). The property is strategically positioned around 300 metres south of Strovolos K-Cineplex and approximately 50 metres northeast of Archbishop Makarios III Technical School, within a well-established residential area with high demand and close proximity to key amenities and main road networks.
The asset falls within Planning Zone Κα8, allowing a building coefficient of 60%, coverage of 35%, and development of up to two floors (8.3m). A title deed is in place representing the one-third share of the land.