Location
• The asset is situated in a highly sought-after area of Strovolos, Nicosia, near to METRO roundabout.
• This location benefits from close proximity to major road networks, schools, commercial services, and recreational facilities, making it an ideal setting for residential development.
LAND CHARACTERISTICS – ADVANTAGES & SPECIAL FEATURES
• The property comprises ten adjacent residential plots with a total area of approximately 18,367 sq.m.
• The land features a flat surface, offering ease of construction and flexibility in development planning.
• Access is secured through two registered roads, with a combined road frontage of approximately 17 meters.
• The plots fall entirely within the residential planning Zone Κα8, which allows:
• Building density: 60%
• Coverage: 35%
• Maximum number of floors: 2
• Maximum building height: 8.3 meters
These planning parameters offer significant development potential for a range of residential projects, from detached homes to apartment complexes
This unified holding provides a rare opportunity for comprehensive residential development in one of Nicosia’s most established municipalities.
The asking price for this property is negotiable, providing flexibility for serious investors or developers seeking a prime location with high potential.