New For Sale €980,000 Building Strovolos Nicosia

Information from owner
Building mixed residential/commercial, with built area of 1,007 sqrm, area 846 sqrm, in the area of Strovolos within Nicosia district. It is within close proximity to: Traffic Lights Makariou Hospital. The Energy Efficiency Class of the building is E. The Building was constructed in 1970. The plot characteristics are: within planning zone Eb2, has a build coefficient of 180.000% with covered coefficient of 50.00%, maximum building permissible height 31.00 meters, and maximum number of floors 8. Τhe plot area is 846 square meters. After getting relevant permits from the local authorities, you can build an additional building of total area 516 sqrm. Zone: Commercial and other central services. The type of road leading to the property is tarmac secondary road. The investment is € 973 per covered square meter. It appears that there is 34% of build coefficient that has not been utilised. With the right permits, this may represent a possible additional 516 sqrm of extra build opportunity for you. Please ask for more information on this. The property has no VAT tax.

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