€2,800,000 €152/m²

18,367m² Plot for Sale in Strovolos, Nicosia District

Strovolos, Nicosia district Posted 1 year ago Updated 8 hours ago
18,367 m²Plot
Purple international
Purple international Agency · R.N.:1052 L.N.:512/E 2,448 for sale · 37 for rent

About this home

Strategic 18,367sq.m. land parcel, ideal for a large-scale residential complex development, situated in the prime and rapidly expanding area of Agios Vasileios, in Strovolos municipality, in Nicosia district. Location: Strategically positioned in a sought-after growth corridor, just 100m east of the PAEEK sporting center and 500m north of Spyros Kyprianou Avenue. Surrounded by modern residential infrastructure, ensuring long-term value appreciation. Property Highlights: • Total Land Area: 18,367 sq.m. (offering 52% shared ownership of ten (10) distinct, continuous residential plots). • Frontage: Massive, combined layout frontage accessed via two registered roads, featuring individual plot road exposures ranging up to 49m, multiple corner placements, and direct access to public green spaces. • Shape & Terrain: Multi-plot layout with flat terrain, offering optimized building efficiency for a unified community master plan. • Infrastructure: Convenient access from two registered roads with close proximity to primary transport arteries and district athletic hubs. • Investment Potential: This expansive parcel represents a significant opportunity for a premium, large-scale residential community. Its vast size and residential configuration allow for flexible master-planning and optimized suburban development. Individual Plot Inventory • Plot 1: 565 sq.m. Corner 45m frontage Abuts public green area. • Plot 2: 645 sq.m. 24m frontage Abuts public green area. • Plot 3: 650 sq.m. Corner 49m frontage Abuts green & social areas. • Plot 4: 573 sq.m. Corner 47m frontage. • Plot 5: 590 sq.m. 20m frontage. • Plot 6: 560 sq.m. Corner 44m frontage. • Plot 10: 683 sq.m. 21m frontage. • Plot 12: 535 sq.m. 17m frontage Abuts public pathway. • Plot 13: 530 sq.m. 19m frontage. • Plot 14: 849 sq.m. Cul-de-sac 43m frontage Abuts public pathway. Planning Zone: The property falls entirely within Residential Zone Κα8, with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (up to 10 meters maximum height) of construction.

Reference
16373
Property type
Land and Plots
Plot area
18,367 m²

What it will really cost

Asking price€2,800,000
Title transfer fee ~€108,600
Estimated total€2,908,600
Mortgage estimate
Monthly payment

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

How the price compares

65% below
average

At €152/m² compared with an average €434/m² across 214 similar listings — land and plots in Nicosia.

Asking price per m²This home
Average €434 This home €152
€152€696€1,240

Location

Strovolos, Nicosia district

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€2,800,000€152/m²
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