604m² Commercial Plot for Sale in Strovolos - Archangelos, Nicosia District

Reference ID: #SA27119
Price details: €650,000 +VAT

Corner commercial plot in a lively and popular location in Agios Demetrios quarter of Strovolos Municipality. 
The property is ideally situated close to an abundance of amenities and services such as supermarkets, restaurants, schools, cafes etc. In addition, it enjoys excellent accessibility to the Nicosia city center while the Makarios Hospital is only a short drive away. The vicinity of the property designates an increased demand for properties due to its attractiveness and accessibility.
The plot has a regular shape and a level surface. It has an extensive road frontage along its southwest boundary with total frontage of approximate 47 meters. It is noted that the property is subject to compulsory acquisition of an area of 107 sqm (approx.). 
The large frontage of the property onto two public roads is considered as an advantage. The plot is suitable for the development of a commercial or mixed-use building.
It is considered as an appealing opportunity for a land developer or an individual.
It is noted that the property is currently occupied.