The property is a residential plot of land with a total area of 453m² located in Strovolos, Nicosia.
The asset falls within the Residential Planning Zone Kα5, with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and 13,5 meters height.
There is a house of 122 m² in the plot which could easily be renovated and expanded up to 3 floors.
Also, the property could be used for a residential development block of apartments.
The property is in the heart of Strovolos, in a byway of Stavrou Avenue, in close proximity of major roads and very close to all the necessary amenities such as schools, banks, supermarkets, shopping centers and many more.
From there you will have easy access to the highway and the exit points of Nicosia.
The plot is free of VAT as has a house on it.