5,764m² Plot for Sale in Strovolos, Nicosia District
About this home
Prime 5,764sq.m. commercial development plot with capacity for a six-storey landmark project, ideally situated in a high-demand commercial hub of Strovolos, in Nicosia district. Location: Positioned on Limassol Avenue in the Agios Dimitrios parish, this property enjoys close proximity to banks, corporate showrooms, and high-end services. Property Highlights: • Plot Size: 5,764sq.m. of flat, highly developable land. • Development Scope: Zoned for high-density commercial or mixed-use building options. • Zoning Specifications (Zone Εβ3): - 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 Three-Road Frontage: Dramatic corner exposure offering 295m of combined frontage (130m on Limassol Ave, 45m on Chrysanthou Mylonas St, and 120m on Charalambou Michael St) ensuring unmissable visibility and seamless site ingress/egress. • Zoning Multipliers: 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, blank canvas for immediate modern development. There is a separate title deed for this property. *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.
- Reference
- 16209
- Property type
- Land and Plots
- Plot area
- 5,764 m²
What it will really cost
Mortgage estimate
Estimate only. Legal fees, stamp duty and mortgage costs are not included.
- 8 Jul 2026 €10,870,000 €430,000
- 28 May 2025 €11,300,000 Listed
How the price compares
average
At €1,886/m² compared with an average €434/m² across 214 similar listings — land and plots in Nicosia.
INDEX AI found 1 similar listingSame property, other listings Listed 2 times
Location
Strovolos, Nicosia district
- Nareg Armenian School0.6 km
- The English Nursery School0.9 km
- Terra Santa0.9 km
- Philips University1.0 km
- New Hope Special & Tutorial Schools1.0 km
- Eshop Cyprus LTD0.5 km
- Golden Star Supermarket0.6 km
- Fresh by Kostas0.7 km
- Nicosia0.8 km
- MAS GEORGIADES0.8 km
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