367m² Rentals

€ 2,800,000

Property Details
  • Property Refrence: 43839
  • Agent:
  • Property Type: House / Villa
  • Property status: Rentals
  • Property Price: € 2,800,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Built: N/A
  • Country: Cyprus
  • Region: Other
  • City: Other
Description

Location • The asset is situated in a highly sought-after area of Strovolos, Nicosia, near to METRO roundabout. • This location benefits from close proximity to major road networks, schools, commercial services, and recreational facilities, making it an ideal setting for residential development. LAND CHARACTERISTICS – ADVANTAGES & SPECIAL FEATURES • The property comprises ten adjacent residential plots with a total area of approximately 18,367 sq.m. • The land features a flat surface, offering ease of construction and flexibility in development planning. • Access is secured through two registered roads, with a combined road frontage of approximately 17 meters. • The plots fall entirely within the residential planning Zone Κα8, which allows: • Building density: 60% • Coverage: 35% • Maximum number of floors: 2 • Maximum building height: 8.3 meters These planning parameters offer significant development potential for a range of residential projects, from detached homes to apartment complexes This unified holding provides a rare opportunity for comprehensive residential development in one of Nicosia’s most established municipalities. The asking price for this property is negotiable, providing flexibility for serious investors or developers seeking a prime location with high potential.