€2,800,000 €152/m²

18,367m² Plot for Sale in Strovolos, Nicosia District

Strovolos, Nicosia district Posted 2 years ago Updated 1 day ago
18,367 m²Plot
Nicolaou Estates Agency · Reg. 693 · Licence 365/E 2,352 for sale · 165 for rent

About this home

Strategic 18 367sq.m. land parcel ideal for a large scale residential complex development situated in the prime and rapidly expanding area of Agios Vasileios in Strovolos municipality in Nicosia district. Location Strategically positioned in a sought after growth corridor just 100m east of the PAEEK sporting center and 500m north of Spyros Kyprianou Avenue. Surrounded by modern residential infrastructure ensuring long term value appreciation. Property Highlights Total Land Area 18 367 sq.m. offering 52 shared ownership of ten 10 distinct continuous residential plots . Frontage Massive combined layout frontage accessed via two registered roads featuring individual plot road exposures ranging up to 49m multiple corner placements and direct access to public green spaces. Shape Terrain Multi plot layout with flat terrain offering optimized building efficiency for a unified community master plan. Infrastructure Convenient access from two registered roads with close proximity to primary transport arteries and district athletic hubs. Investment Potential This expansive parcel represents a significant opportunity for a premium large scale residential community. Its vast size and residential configuration allow for flexible master planning and optimized suburban development. Individual Plot Inventory Plot 1 565 sq.m. Corner 45m frontage Abuts public green area. Plot 2 645 sq.m. 24m frontage Abuts public green area. Plot 3 650 sq.m. Corner 49m frontage Abuts green social areas. Plot 4 573 sq.m. Corner 47m frontage. Plot 5 590 sq.m. 20m frontage. Plot 6 560 sq.m. Corner 44m frontage. Plot 10 683 sq.m. 21m frontage. Plot 12 535 sq.m. 17m frontage Abuts public pathway. Plot 13 530 sq.m. 19m frontage. Plot 14 849 sq.m. Cul de sac 43m frontage Abuts public pathway. Planning Zone The property falls entirely within Residential Zone 8 with a building coefficient of 60 coverage of 35 and permission for 2 floors up to 10 meters maximum height of construction.

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Reference
VL42155
Property type
Land and Plots
Plot area
18,367 m²

What it will really cost

Asking price€2,800,000
Title transfer fee ~€108,600
Estimated total€2,908,600
Mortgage estimate
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Location

Strovolos, Nicosia district

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€2,800,000€152/m²
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