8,094m² Plot for Sale in Strovolos, Nicosia District

Prime commercial development plots extending to 8 094sq.m. and with capacity for a six storey landmark project. The property consists of three 3 adjacent commercial plots ideally situated in the high demand commercial hub of Strovolos in Nicosia. Location Strategically positioned in a prime city corridor on Limassol Avenue serving as a landmark placement at the entrance of Nicosia. Surrounded by high profile corporate buildings and retail hubs ensuring long term value appreciation. Property Highlights Plot Size 8 094sq.m. of flat highly developable land. Development Scope Zoned for high density commercial or mixed use building options. Zoning Specifications Zone 3 Maximum Density 160 Maximum Coverage 50 Maximum Height 24m 6 Floors Plot Topography 100 flat rectangular terrain optimal for straightforward cost effective excavation and foundation layout. Key Advantages Exceptional Four Road Frontage Corner exposure offering 390m of combined frontage. Infrastructure Close proximity to the capital s commercial center and the bustling networks of the city s entrance. Investment Potential This expansive parcel represents a significant opportunity for a major commercial hub or corporate headquarters. Its prominent size and location allow for flexible master planning and high density construction. Zoning Multipliers The property benefits from added planning incentives that directly maximize allowable building density beyond baseline figures. Immediate Redevelopment Readiness Existing obsolete structures are slated for demolition offering a clear land area for immediate modern development. There are three 3 separate title deeds for this property. The property is held within a Special Purpose Vehicle SPV . Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction. Kindly note that photos marked as Digital Design are not real life images but have been artificially generated to help you envision the property s potential.