Description

Location • Situated in the bustling Agios Demetrios area of Strovolos, offering excellent visibility on a high-traffic street. • Walking distance to prominent landmarks such as "The English School" and the Presidential Palace. • Close proximity to a wide range of amenities including supermarkets, restaurants, cafes, schools, and more. • Well-connected to Nicosia city center, with quick access to Makarios Hospital. Plot Characteristics • Regularly shaped plot with a flat surface. • Extensive road frontage along the southwest side, with about 47 meters of frontage. • Subject to a road-widening scheme, reducing the total area by approximately 107 sqm. • The dual road frontage provides added development flexibility. Development Potential • Located in the Εβ3 planning zone with a 160% building coefficient and 50% coverage coefficient. • Maximum allowed building height of 24 meters, with permission for up to 6 floors. • Ideal for commercial or mixed-use development. • Great opportunity for developers or investors due to its strategic location and development parameters. • The plot is currently vacant, allowing for immediate construction plans. Investment Benefits • High demand area due to its strategic location and excellent accessibility. • Perfect for creating a commercial or mixed-use development to meet the growing needs of the area. • The large plot size and dual road frontage offer versatile design and construction options.