for Sale in Strovolos, Nicosia District

The property is a large rectangular plot covering an area of 2471sqm in Agios Vasilios area in Strovolos Municipality, Nicosia district.The plot has an even flat surface and benefits from road frontage of ca. 16m on its northwest boundary with Sarafis street and ca. 11m on its southeast boundary with Myrtiotissa street. The property is covered by water supply, electricity and telecommunication services.The immediate area consists of middle class residential units and apartment blocks, as well as many commercial developments along Kantaras street and Tseriou Avenue. The asset offers great accessibility towards the Nicosia city centre and other neighbouring areas. The nearby area has experienced an increased development activity in the past years and is considered as well developed.The asset falls within the Residential Planning Zone Κα5, with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and 13.5 metres height.