€2,800,000

for Sale in Strovolos, Nicosia District

Strovolos, Nicosia district Posted 11 months ago Updated 2 weeks ago
9,180 m²Plot
1st Class Homes Agency · Reg. 690 · Licence 367/E 6,628 for sale

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.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 Κα8, 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
60660
Plot area
9,180 m²
Title deed
Has Title
Coverage ratio
35%

What it will really cost

Asking price€2,800,000
Title transfer fee ~€108,600
Title deedHas Title
Estimated total€2,908,600
Mortgage estimate
Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

Location

Strovolos, Nicosia district

Approximate area — ask the agency for the exact address Open in Maps
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€2,800,000
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