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.
• 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.
Property facts
- Property reference49273
- Property typeFinca
- Property statusrent
- Price£ 211,875
- Bedrooms0
- Bathrooms0
- BuiltN/A
- LocationOther, Other, Cyprus
- Price text245,000 EUR
- Numeric price211,875 GBP
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Agency
FOX - Nicosia Office
City
Other
Region
Other
Country
Cyprus
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