Development Opportunity – Plot in Strovolos, Nicosia
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Auction
- Lot 16
- Cyprus
- Land/Site
- Commercial
Sold for €131.000
Property Summary
- A regular shaped plot of land zoned “Kα6” Residential, opposite to the American Heart Institute, Strovolos, Nicosia.
- Extending to approx. 575 sq. m.
- Potential for residential development (subject to obtaining all necessary consents).
- Vacant possession.
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Property description
- A regular shaped residential plot with a flat even surface.
- Frontage of approx. 35 m. along its western border on Arsakeiou street.
- We are informed that the property extends to approx. 575 sq. m.
Location
- The plot is located within Agios Vasileios parish in Strovolos Municipality, Nicosia District, under Land Reg. No. 8/3246.
- The property abuts on Arsakeiou road, opposite American Heart Institute and is situated approx. 40 m. from Spyrou Kyprianou Avenue, approx. 600 m. from Theoktisto roundabout and approx. 2 km from the main motorway (A1).
- The immediate area of the property is charecterized by mixed-use developments, such as houses, blocks of apartments as well as shops and offices.
- Property benefits from easy access to main avenues, main motorway, schools, gas stations, etc.
Tenancy
- Vacant possession.
Zoning
- The land falls within “Kα6” Residential Zone, which allows for 90% building coefficient, 50% building coverage, 2 floors and up to 10 meters height.
Accommodation
The property was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Site area extending to approx. 575 sq. m.
- Interested parties are recommended to undertake their own inquiries to confirm property measurements.
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*Terms & Conditions
Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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