Commercial Plot in Strovolos, Nicosia

€1.585.000

For Sale

Property ID

Zone

15683

Eβ4

Area

Building Density

1.593m2

140%

Commercial Plot in Strovolos, Nicosia

€1.585.000

For Sale

Property ID

Zone

15683

Eβ4

Area

Building Density

1.593m2

140%

Description

The “5 thematic offer schemes” relate to promotional reduced prices on certain assets. Offerors will need to execute a relevant agreement within 15 working days with 25% down payment and with conclusion of the asset sale within 21 working days from signing date. The prices are firm and final and only offers at these fixed levels will be accepted.

Asking Price: €1.969.000 - Promotion Price: €1.585.000

A large piece of land consisting of three adjacent plots with a total unified area of 1.593 sqm.

It is located in the Ap. Varnavas and Ag. Makarios area of Strovolos, Nicosia, at a distance of circa 50m from the Pefkios Georgiades School, 320m from the junction of Iosif Hadjiosif and Perikleous Streets and 900m from Strovolos Town Hall.

The asset benefits from an excellent location, close vicinity to the Nicosia city centre and other appealing characteristics such as flat and even surface.

The asset holds a recently expired planning permit for a mixed used development consisting of a 3-storey building comprising: basement (33 parking spaces), 5 shops with mezzanine, 4 offices and 5 flats.

The immediate area comprises of residential units (blocks of flats, detached and semi-detached houses) as well as shops, offices and mixed used developments 

The asset falls within the Commercial Planning Zone Εβ4, with building density coefficient of 140%, coverage coefficient 50%, in 4 floors.

Owner: Weinar Properties Ltd 

Reg. No. : 9/2008, 0/15704, 0/15705

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Additional Details

District Nicosia
Area/Village Strovolos
Type Plot
Vat Vat not Applicable
Title deed Yes
Coverage ratio 50%
Max floors 4
Max height 17,00 m
Sheet 61
Plan 62W2
Plot 1938, 3442, 3443
Block 09
Construction permit Yes

Location

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