Property Details
- Property Refrence: 49273
- Agent:
- Property Type: Finca
- Property status: Rentals
- Property Price: € 245,000
- Bedrooms: 0
- Bathrooms: 0
- Built: N/A
- Country: Cyprus
- Region: Other
- City: Other
Description
This property offers a prime redevelopment opportunity in Strovolos Municipality (Chryseleousa Quarter), Nicosia. • The site features an older 97 sq.m. detached house on 336 sq.m. of land, with a demolition permit valid until 16/10/2028, ensuring a cost-effective transition to redevelopment. • Zoned Εβ4 Commercial, the land allows high-density vertical development: 50% coverage, 140% building coefficient, up to 4 floors (potential 5 via planning incentives), and 17m height. Ideal for a modern mixed-use project with ground-floor shops and 4 premium apartments. • Strategically located, near Strovolos Town Hall, within walking distance to Nicosia’s commercial center and amenities. • A separate title deed is available.