For Sale

Share of Field in Strovolos, Nicosia

Property: 5470


Status: Available

Sub Type: Field

Reg.No: 10/2850

Sheet: 30-06E1

Quarter / Block: Ap. Varnavas And Ag. Makarios / 10

Parcel: 2320


Share Property


The asset is a residential field of shared ownership and part of an extensive mix use estate. The field has a gross area of 12,820sqm and constitutes circa 5.8% of the whole asset. It is located at a prime location at the entrance of Nicosia, next to the Olympic House and Park Headquarters, just a few metres away from the Electricity Authority Headquarters and just 150m from Hellenic Bank's Headquarters, 500m south of Athalassas avenue. The asset has frontage of 390m on three public roads/avenues and lies lower than the roads. It has recently acquired a division planning permit for 15 plots. The wider area of the asset is commercial and residential. The asset provides great proximity to Nicosia centre and the highway connecting Nicosia to Larnaca/Limassol. Stavrou street and Athalassa avenue are just 5 mins away offering access to all amenities and services.
The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.


Land Registry

District: Nicosia
Municipality / Community: Strovolos Municipality
Reg.No: 10/2850
Sheet: 30-06E1
Quarter: Ap. Varnavas And Ag. Makarios
Block: 10
Parcel: 2320
Zone: Κα5
Title Deed: Yes
VAT: Yes


Land Area: 231,920m²

Town Planning

Town Planning Zone: Residential
Building Density: 100%
Coverage Ratio: 50%
Max Floors: 3
Max Height: 13.5m