Bazaraki
Property 6029458
Nicosia · EUR 160,000 · Unknown type
The property is a 33% undivided share of a well-positioned field, corresponding to approximately 530sq.m. of land, located in the sought-after parish of Apostolos Varnavas & Agios Makarios, within the vibrant Municipality of Strovolos in the Nicosia District. It benefits from approximately 54 meters of road frontage along its western boundary and also abuts a non-registered asphalted road along part of its eastern boundary, with an additional frontage of approximately 4.7 meters, offering easy accessibility. Strategically situated just 1.3 km from the A1 motorway, 500 meters southwest of Apostolos Varnavas Lyceum, and 200 meters from the junction of Spyrou Kyprianou Avenue and Vikela, the property enjoys a prime location close to key transport and commercial routes. The land falls within dual planning zones, enhancing its development potential. Approximately 1% lies within Residential Zone Κα6, allowing for a building density of 90%, coverage of 50%, and development up to 2 floors (10m). The remaining 99% is within Commercial Zone Εβ4, which permits a building density of 140%, coverage of 50%, and up to 4 floors (17m) of construction. Please note that this is an undivided share of the total land area and no distribution agreement is currently in place.
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