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3,596 SQM Land for sale in Strovolos, Nicosia

Strovolos, Nicosia, Cyprus
3,596 SQM Land for sale in Strovolos, Nicosia 2931 Strovolos
Offers in the region of
550000 €550,000  ($576,169)
3,596 SQM Land
Strovolos, Nicosia
Offers in the region of

€550,000  ($576,169)

VAT Applicable not included in the price
Bank Owned Property

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $20,166

Average Bank Rate (€550,000)
1 USD = 0.9223 EUR
$596,335

Mid-market rate (€550,000)
1 USD = 0.9546 EUR
$576,169

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1329768 (altia2102)
  • Plot: 3596 sqm

Description

An excellent investment opportunity in a residential / Special Zone field in Strovolos, Nicosia.
The property has a regular shape, a flat surface and access is via two registered roads which are facing the northern and southern side of the property with a total road frontage of approximately 68m.
The asset is situated in a premium location, approximately 110m east to the Nicosia – Limassol highway, 490m from GSP Stadium is definitely and offers easy access to Nicosia.

The property falls within Zone ΕX1, with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (10m) of construction.

In EX1 Special Zone, and subject to acquiring the relevant permits, it is possible to erect residential properties, proceed to plot division, sports facilities such as gyms, swimming pools, padle courts, futsal courts and other recreational and entertainment facilities.

Asset with Reg Number: 11/340, 50% ownership is owned by Themis Portfolio (H3) Management Holdings Limited.
Asset with Reg. Number: 11/340, 50% ownership is owned by Themis Portfolio Management Holdings Limited. The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).

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Disclaimer - Property reference 1329768. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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