New For Sale €1,700,000 Building Strovolos Nicosia

Information from owner
Building mixed residential/commercial, with built area of 937 sqrm, area 521 sqrm, in the area of Strovolos within Nicosia district. It is within close proximity to: English School. Main features include: Elevator. The Energy Efficiency Class of the building is C. The Building was constructed in 1996. The plot characteristics are: within planning zone Ea3, has a build coefficient of 200.000% with covered coefficient of 40.00%, maximum building permissible height 38.00 meters, and maximum number of floors 10. Other characteristics of Building: corner - access from two roads. Τhe plot area is 521 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 105 sqrm. Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. View of: town. The type of road leading to the property is tarmac secondary road. The investment is € 1,814 per covered square meter. It appears that there is 10% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 105 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax.

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