ID: 48218

Building Plot

€770,000
For Sale
Strovolos, Nicosia

Overview

  • Yes
  • Public road
  • 604m2
  • EB3
  • 50%
  • 160%
  • 24m
  • 6

Corner commercial plot in a lively and popular location in Agios Demetrios quarter of Strovolos Municipality. The property abuts onto Athalassa Avenue and Korai street, at a distance of 330 meters (approx.) southeast of private school “The English School” and 900 meters (approx.) southeast of the Presidential Palace.

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 centre 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 a 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 an advantage. The plot is suitable for the development of a commercial or mixed-use building.

It is considered an appealing opportunity for a land developer or an individual.

Features

  • City view
  • Connected to electric mains
  • Corner
  • Easy access to highway
  • Easy access to main roads
  • Heart of city center
  • Investment opportunity
  • Municipal water/sewage
  • Near amenities
  • Near bus route
  • Prime land

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