€10,870,000 €1,886/m²
€430,000 Price history

5,764m² Plot for Sale in Strovolos, Nicosia District

Strovolos, Nicosia district Posted 1 year ago Updated 18 hours ago
5,764 m²Plot
Purple international
Purple international Agency · R.N.:1052 L.N.:512/E 2,448 for sale · 37 for rent

About this home

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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

Asking price€10,870,000
Title transfer fee ~€431,400
Estimated total€11,301,400
Mortgage estimate
Monthly payment

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

Price historyListed 28 May 2025 · 1 price change
€430,000 since listed
€10.87M €11.3M May 2025 Nov 2025 Apr 2026 Today Listed 28 May 2025: €11,300,000 8 Jul 2026: €10,870,000
  1. 8 Jul 2026 €10,870,000 €430,000
  2. 28 May 2025 €11,300,000 Listed

How the price compares

335% above
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 listing
Asking price per m²This home
Average €434 This home €1,886
€220€1,053€1,886

Same property, other listings Listed 2 times

Location

Strovolos, Nicosia district

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€10,870,000€1,886/m²
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