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£9,247,808

€11,000,000

Land for sale
Strovolos, Nicosia, Cyprus

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Unfurnished
Listing id: 1796552
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Online viewing available.\nLarge-scale land for development in an excellent location in Apostolos Varnavas & Agios Makarios Quarter in Strovolos Municipality. The property corresponds to 4 under division plots which are situated at a distance of 950 meters (approx.) west of Stavrou avenue and 450 meters (approx.) south of Athalassas avenue. It is strategically located at the entrance of Nicosia city, walking distance from ‘‘Kalispera’’ traffic lights, near the Olympic House and the E.A.C. Headquarters. The property enjoys excellent access to the motorway and the city of Nicosia. It is ideally situated close to an abundance of amenities and services such as supermarkets, shops, cafes, schools, etc. The plots are part of a larger project comprising 15 plots with all necessary permits in place. Note that the plot division construction works have not started yet. It is noted that the property has a distribution agreement. According to the distribution agreement, the property for sale corresponds to the four under-division plots with temporary numbers 4,6,10, and 11 as shown in red on the spatial plan. The total net area of the under-division plots will be approximately 37,588 sq m, and specifically, the under-division plot 4 will have an area of approximately 17,161 sq m. The under-division plot 6 will have an area of approximately 8,049 sq m. The under-division plot 10 will have an area of approximately 6,744 sq m. The under-division plot 11 will have an area of approximately 5,634 sq m. The property is considered an exceptional investment opportunity. It falls within the Special Zone επε, within the zone Kα5, and within the zone Αα4. It is important to note that the specific under-division plots fall within the Zone επε, which allows for various developments (special, residential, or commercial uses) with the corresponding coefficients.

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ADDRESS ESTATE AGENTS LTD

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Property descriptions and related information displayed on this page are marketing materials provided by - ADDRESS ESTATE AGENTS LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact ADDRESS ESTATE AGENTS LTD for full details and further information.