3,193 SQM Residential Plot for sale in Strovolos, Nicosia

This plot is located in the Agios Vasilios area in Strovolos, Nicosia. It is situated between the Metro Roundabout and the Tseri Roundabout a few metres north of Spyrou Kyprianou Avenue. The asset has a rectangular shape with a flat even surface and is adjacent at its north-east border with a registered road with a frontage of circa 100m. The asset has a total area of 3.193 sqm and falls within a residential zone Kα5, however, an active planning permit exists for the development of a 3-storey office block. The asset has an excellent visibility from Spyrou Kyprianou Avenue. The asset is covered by all the utility services (water, electricity and telecommunication). The surrounding area consists of middle income houses and apartments as well as commercial buildings. Assets in this area benefit from very good accessibility towards Nicosia city centre and the main municipalities of the city. The plot is zoned as Kα5 (residential) with 100% building density, 50% coverage,3 floors and a maximum height of 13,5m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 0/13830 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.