Land in Strovolos (ID 18428)

The property is a 5.79% share of a field/estate, part of a large mixed-use land in Strovolos. The field has a total land area of 231,920 m² and the agency's share corresponds approximately to 13,416.97 m². 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 metres away from the Electricity Authority headquarters and 150 m from Hellenic Bank’s headquarters. It has frontage of about 390 m on three public roads/avenues. It provides great proximity to Nicosia centre and the highway connecting Nicosia to Larnaca and Limassol.

Stavrou and Athalassas avenues are just 5 mins away, offering access to all amenities and services. There is a building permit (subdivision/road construction permit) for the division of the estate into 15 plots.

Upon the completion of the division, the agency will own plot no. 1 with a land area of approximately 12,820 m². The property can benefit from the special incentives for developments allowed by the Nicosia local plan. There is a distribution agreement in place between the co-owners. This is a unique opportunity for both residential and mixed-use development.