Commercial development or residential renovation opportunity in Strovolos, Nicosia. The plot has potential for high-rise commercial development, subject to acquiring relevant permits. It falls within the commercial planning zone Eβ4 with 140% building density, 50% coverage factor, 4 floors, and 17m height allowance. Currently, there is a two-floor house on the plot, divided into a ground floor apartment and an incomplete apartment on the first floor.
The property is located on Andrea Avraamide street, 50m from Athalassas Avenue and approximately 500m to kalispera traffic lights. It is surrounded by various amenities and services such as schools, hospitals, pharmacies, banks, bakeries, supermarkets, and more.
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