Description

Location • This plot is located centrally in Strovolos, Nicosia. • It enjoys a strategic position within walking distance of the Ministry of Defense and approximately 1km northeast of the METRO roundabout. • The area is well-established, combining residential and commercial developments, and offers excellent accessibility towards Nicosia city centre. Plot Characteristics • The property has a total area of 790sqm and benefits from a road frontage of approximately 21m. • Its size and position make it ideal for a range of development opportunities. Planning Zones • c. 719sqm fall within commercial planning zone Εβ3 with 160% building density, 50% coverage, 6 floors, and a maximum height of 24/20.4m. • c. 71sqm fall within residential planning zone Κα5 with 100% building density, 50% coverage, 3 floors, and a maximum height of 13.5m. Advantages & Special Features • Highly visible frontage. • Mixed-use development potential with both commercial and residential planning zones. • Strong development prospects given the surrounding infrastructure and central location.