For Sale €3,811,000 - Commercial, Land
Two well located plots totalling 3.902 sqm and is located in the heart of Strovolos, Nicosia.
The plots are available for sale individually or together. The larger plot totals 3.112 sqm the other plot totals 790 sqm.
The immediate area comprises mixed use developments. Along Strovolou Avenue there are many commercial developments (showrooms and offices), whereas the secondary streets comprise residential developments (detached/semi-detached houses and residential units).
The wider area is comprised of residential units and other multi-storey developments.
Due to the location, the plots under some circumstances can benefit from Planning incentives provided by the Ministerial Council in regards to the attraction and encouragement of projects for the construction industry.
The plots are served by utilities including water, electricity and telecommunications.
- Plot Area: 3902 m2
- Coverage Ratio: 50 %
- Build Density: 160 %
- Price: 3,811,000 +VAT