Description

This asset is a large residential field in Strovolos, Nicosia.

The asset is located circa 420m west from the ex Orphanides supermarket, 750m from the American Heart Hospital and 1,1km northwest of GSP stadium.

The asset has an area of 3,038sqm has a rather rectangular shape with a smooth flat surface and benefits from c. 36m frontage along Agiou Afthimou Street on its south border.

The immediate area comprises of several residential developments along with some undeveloped parcels of land.

The asset has the potential to be covered by all utility services (water, electricity and telecommunication).

The asset falls within residential planning zone Kα7 with a maximum building density coefficient of 80% and a land coverage coefficient of 45%, over 2 floors and 10m maximum height.

THE PRICE IS SUBJECT TO VAT.

Reg. No.: 8/301

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 05/02/2021.

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 Field
Vat Plus Vat
Title deed Yes
Coverage ratio 45%
Max floors 2
Max height 10,00 m
Sheet 30
Plan 14W1
Plot 330
Block 08

Location

Tender Form

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