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4,335m² Plot for Sale in Strovolos, Nicosia District

  • €11 300 000
Price per m²
€2607/m²
Title Transfer Fee
~€448,600
INDEX AI found 1 similar listings.
  • Ref. #: 16209
  • Plot area: 4335m²

This commercial plot is located on Limassol Avenue, Strovolos Municipality and has tremendous commercial development potential. Limassol Avenue has been established as one of the most commercial Avenues of Nicosia, with tremendous traffic flow during all hours of the day. The subject area is mainly characterised by shops, restaurants, schools, banks, gym, supermarkets and almost every type of service. The property has added planning incentives which further add to the allowable building density. The Land size is 5.764 square meters. The property enjoys a corner position, it abuts on its eastern boundary along Limassol Avenue with total frontage of 130 meters, on its northern boundary along Chrysanthou Mylonas Street with total frontage of 45 meters and on its western boundary along Charalambou Michael Street with total frontage of 120 meters. At the moment, on the property there is a building complex, consisting of showrooms, offices and a garage., which it is considered economically obsolete, after taking into consideration the large development potential. Key Advantages: • Strategic Location: Situated on Limassol Avenue, a bustling commercial hub, ensuring high visibility and traffic. • Three-Road Frontage: Exceptional accessibility from all directions, ideal for businesses seeking maximum exposure. Asking price for the specific asset is negotiable. *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.

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  • €11 300 000
Price per m²
€2607/m²
Title Transfer Fee
~€448,600
INDEX AI found 1 similar listings.
  • Agency
  • R.N.:1052 L.N.:512/E
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Other Listings of This Property

0
  • €11 380 000
  •   €2625/m2
  • 4335m²
  • Pre-Owned
  • Yes, Covered
  • 47151
Commercial Development for sale in prime location of Strovolos area, Nicosia. The property is strategically situated on one of the most commercial avenues in Nicosia, a bustling commercial hub, ensuring high visibility and traffic. The surrounded area is mainly characterized by shops, restaurants, schools, banks, gym, supermarkets and almost every type of service. The property has added planning incentives which further add to the allowable building density. Commercial development for sale in Strovolos area, Nicosia district. At the moment, on the property there is a building complex with covered area of 4.335 sqm. The complex consists of showrooms, offices and a garage. The development is built in a commercial land of 5.764 sqm. The land enjoys corner position and falls within commercial planning zone of Eβ3, with 160% building density, 50% coverage and the ability to build a 24-meter-high development (up to 6 floors). Moreover, it has three road frontage,…
  • Agency
INDEX AI found 1 similar listings.

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