About this property
Strategic 18,367sq.m. land parcel, ideal for a large-scale residential complex development, situated in the prime and rapidly expanding area of Agios Vasileios, in Strovolos municipality, in Nicosia district.
Location: Strategically positioned in a sought-after growth corridor, just 100m east of the PAEEK sporting center and 500m north of Spyros Kyprianou Avenue. Surrounded by modern residential infrastructure, ensuring long-term value appreciation.
Property Highlights:
• Total Land Area: 18,367 sq.m. (offering 52% shared ownership of ten (10) distinct, continuous residential plots).
• Frontage: Massive, combined layout frontage accessed via two registered roads, featuring individual plot road exposures ranging up to 49m, multiple corner placements, and direct access to public green spaces.
• Shape & Terrain: Multi-plot layout with flat terrain, offering optimized building efficiency for a unified community master plan.
• Infrastructure: Convenient access from two registered roads with close proximity to primary transport arteries and district athletic hubs.
• Investment Potential: This expansive parcel represents a significant opportunity for a premium, large-scale residential community. Its vast size and residential configuration allow for flexible master-planning and optimized suburban development.
Individual Plot Inventory
• Plot 1: 565 sq.m. Corner 45m frontage Abuts public green area.
• Plot 2: 645 sq.m. 24m frontage Abuts public green area.
• Plot 3: 650 sq.m. Corner 49m frontage Abuts green & social areas.
• Plot 4: 573 sq.m. Corner 47m frontage.
• Plot 5: 590 sq.m. 20m frontage.
• Plot 6: 560 sq.m. Corner 44m frontage.
• Plot 10: 683 sq.m. 21m frontage.
• Plot 12: 535 sq.m. 17m frontage Abuts public pathway.
• Plot 13: 530 sq.m. 19m frontage.
• Plot 14: 849 sq.m. Cul-de-sac 43m frontage Abuts public pathway.
Planning Zone: The property falls entirely within Residential Zone Κα8, with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (up to 10 meters maximum height) of construction.
