Villa for sale in Nicosia

Commercial development or residential renovation opportunity in Strovolos, Nicosia. As a commercial plot, it has huge potential to be developed to a high-rise commercial building, subject to acquiring the relevant permits since it falls within the commercial planning zone Eβ4 with 140% building density and 50% coverage factor, 4 floors and 17m. height allowance.
Within the plot, there is currently a house which consists of two floors. The ground floor consists of a living and dining area, a kitchen, and a bathroom. The first floor consists of 4 bedrooms, one of which has en-suite bathroom and a family bathroom. Externally, there is a spacious yard, verandas and two covered parking areas.
The property is located on Athalassas Avenue and near "kalispera" traffic lights, and is surrounded by all amenities and services, such as schools, hospitals, pharmacies, banks, bakeries, supermarkets and many others.

The house next to it is also available for sale at the price of 650000EURO