Building land with diverse development possibilities

The land offered for sale covers an area of 14,308 square meters and is located in the picturesque municipality of Strovolos, in the Agios Vasileios district of Nicosia, Cyprus. This plot has an optimal subdivision permit that allows it to be divided into up to 16 plots, with each plot having an area of 522 to 676 square meters.

Details:
- Residential zone: Ka7
- Building coefficient: 80 %
- Overbuilding coefficient: 45 %
- Maximum number of floors: 2
- Maximum building height: 10 meters

The prime location of this property is characterized by its excellent accessibility to the city center of Nicosia and the A1 highway, which connects Nicosia with all other cities in Cyprus. It is also in close proximity to a wide range of amenities including schools, universities and supermarkets. It is just 600 meters from the American Medical Center, 1 kilometer from the G.S.P. Stadium and the "Mall of Cyprus" and 5 kilometers from the Presidential Palace.

Highlights:
- Can be divided into up to 16 lots according to the current license/plan, which can be adjusted
- Very good access to Nicosia city center
- Appropriate for multiple development possibilities (residential, dormitories, stores)
- Located close to schools, universities and supermarkets
- VAT free due to the regulation for land sales