714 SQM Land for sale in Strovolos, Nicosia

This asset is a 1/2 share of a field in Strovolos, Nicosia. The asset is located c. 100m east of Tseriou Avenue and c. 460m west of the American Heart Hospital. According to the distribution agreement in place the 1/2 share of the field translates to a plot with an area of 714sqm. The asset  benefits from c. 17m frontage along Danou Street on its northeast border. The immediate area comprises of residential developments and commercial developments in Tseriou Avenue. The asset has the potential to be covered by all utility services (water, electricity and telecommunication). The asset falls within residential planning zone Kα6 with a maximum building density coefficient of 90% and a land coverage coefficient of 50%, over 2 floors and 10m maximum height. THE PRICE IS SUBJECT TO VAT. Reg. No.: 8/333 (1/2 share) All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.