604m² Plot for Sale in Strovolos, Nicosia District
About this home
Reference ID: #SA27119Price details: €640,000 +VATCorner commercial plot in a lively and popular location in Agios Demetrios quarter of Strovolos Municipality. The property is ideally situated close to an abundance of amenities and services such as supermarkets, restaurants, schools, cafes etc. In addition, it enjoys excellent accessibility to the Nicosia city center while the Makarios Hospital is only a short drive away. The vicinity of the property designates an increased demand for properties due to its attractiveness and accessibility.The plot has a regular shape and a level surface. It has an extensive road frontage along its southwest boundary with total frontage of approximate 47 meters. It is noted that the property is subject to compulsory acquisition of an area of 107 sqm (approx.). The large frontage of the property onto two public roads is considered as an advantage. The plot is suitable for the development of a commercial or mixed-use building.It is considered as an appealing opportunity for a land developer or an individual.It is noted that the property is currently occupied.
- Reference
- SA27119
- Property type
- Land and Plots
- Plot area
- 604 m²
- Building density
- 160%
- Coverage ratio
- 50%
What it will really cost
Mortgage estimate
Estimate only. Legal fees, stamp duty and mortgage costs are not included.
- 30 Jan 2025 €640,000 €90,000
- 6 Sep 2024 €730,000 €80,000
- 23 Jan 2024 €650,000 €50,000
- 19 Oct 2023 €700,000 Listed
How the price compares
average
At €1,060/m² compared with an average €434/m² across 216 similar listings — land and plots in Nicosia.
Location
Strovolos, Nicosia district
- Pernera Primary School0.1 km
- St. Barnabas School for the Blind0.3 km
- The English School, Nicosia0.4 km
- English School Amphitheater0.5 km
- The Junior School0.8 km
- Stephanis Nicosia Strovolos0.2 km
- POWERSOUND0.7 km
- Sony Center Visionhire0.7 km
- I-deals.com.cy0.7 km
- Prisma Computer Ltd0.8 km
- Archbishop Makarios III Hospital0.6 km
- Mediterranean Hospital of Cyprus Nicosia Offices1.3 km
- Platonas Medical Center1.7 km
- Blooms0.5 km
- George Chris Restaurant take away & delivery0.5 km
- Quattrino0.5 km
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