€550,000 $574,582
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Pay in USD and save up to $20,110Planning Zone
Commercial (ΕΧ1)
Description: Special Use Zones (Ζωνες Ειδικων Χρησεων)
Coverage: 0.35
Density: 0.6
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Nearby planning zones
Residential: 0.63 Km
Tourist: 31.23 Km
Industrial: 0.34 Km
Agricultural: 0.37 Km
Farm: 6.37 Km
Key features
- Listing ID: 1650581 (47279)
- 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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