Shared residential field in Strovolos, Nicosia – id R5470

  • €6,300,000
Strovolos - Ap. Varnavas and Ag. Makar., Cyprus
  • Plot
  • Property Type
  • 231920
  • sq.m
For Sale

Shared residential field in Strovolos, Nicosia – id R5470

Strovolos - Ap. Varnavas and Ag. Makar., Cyprus
  • €6,300,000

Description

The property is a residential field, part of a large mixed-use land in Strovolos. The residential field has an area of 12,820sqm and constitutes 5.8% of the whole asset. It is located at a prime location at the entrance of Nicosia, next to the Olympic House and Park Headquarters. It is situated just a few meters away from the Electricity Authority Headquarters and 150m from Hellenic Bankand#39;s Headquarters.

The asset has a frontage of 390m on three public roads/avenues. The asset provides great proximity to Nicosia centre and the highway connecting Nicosia to Larnaca/Limassol. Stavrou and Athalassas Avenues are just 5 mins away offering access to all amenities and services. The asset has recently acquired a division planning permit for 15 plots.

The wider area of the asset is commercial and residential neighbouring some of the most well-known institutional headquarters.

A distribution agreement is in place between the co-owners.

Owner: Sailoma Properties Ltd (Gordian SPV)

  • Planning Zone: Residential
  • Density: 100%
  • Coverage: 50%
  • City Nicosia
  • Area Strovolos - Ap. Varnavas and Ag. Makar.

Details

Updated on April 23, 2024 at 12:02 am
  • Property ID: R5470
  • Price: €6,300,000
  • Property Size: 231920 sq.m
  • Property Type: Plot
  • Property Status: For Sale

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