Description
Prime corner development site in Agios Vasilios, Strovolos. Two adjoining building plots are offered together as one 997 sq.m. site. Combining them gives the whole site the benefit of a privileged corner position, with frontage on two sides.
The site is made up of two plots of 510 sq.m. and 487 sq.m., each with its own separate title deed. It is regular in shape, level with the road, and has direct access from a registered road. It lies within Zone Κα5 of the Nicosia Local Plan, an area predominantly designated for residential use. The permitted development parameters are generous: a building density of 100%, allowing roughly 997 sq.m. of buildable area, a site coverage of 50%, and up to three storeys with a maximum height of 13.5m.
The site is free of obstacles and nuisances. With its corner frontage, clean title position and residential zoning, it is well suited to a boutique apartment block or a residential development in one of Strovolos' established neighbourhoods.
