765 SQM Commercial Plot for sale in Strovolos, Nicosia

This plot with advantageous commercial zoning is located in the Chryseleousa Area in Strovolos, Nicosia. It is well located circa 40m south-west from the junction of Strovolou and Athalassas Avenues. The asset has a ‘Γ’ shape with a flat even surface and frontage of circa 22m along Strovolos Avenue and circa 45m along Strovolos Pediaios Linear Park. The asset has a total area of 1.530 sqm of which BoC owns 50% or 765 sqm. The asset has excellent visibility from Strovolos Avenue. The plot is covered by all the utility services (water, electricity and telecommunication). The surrounding area consists of residential and commercial buildings. Assets in this area benefit from very good accessibility towards Nicosia city centre and all of the main municipalities of the city. Strovolos Avenue is considered to be one of the most sought after places for commercial developments in the Strovolos Municipality. The property is zoned Eβ3 (commercial) with 160% building density, 50% coverage, 6 floors and a maximum height of 24m. Ownership held: 50% (765 sqm of 1.530 sqm) THE PRICE IS SUBJECT TO VAT. Reg. No. : 3/547 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.