1,320m² Plot for Sale in Spilia, Nicosia District
About this home
Located in the heart of Nicosia, in the highly central area of Agios Antonios, this commercial plot presents an excellent development opportunity in one of the capital’s most active and established districts. The property is situated on Alkaiou Street, a side road connecting Stasinou and Pindarou, offering both accessibility and a prime city-center position. The plot currently includes an obsolete house and benefits from substantial frontage along a public asphalt road, ensuring strong visibility and easy access. Its central location makes it ideal for a wide range of development options.
The property offers significant potential for a mixed-use project, including retail shops, residential apartments, offices, an educational institution, or student accommodation. Furthermore, it may benefit from an increased building coefficient through the incentives of Zone EZ-k, under the Local Plan of Nicosia Municipality (Town and Spatial Planning Law 90/70), enhancing its investment appeal.
Surrounded by established business offices, fine restaurants, cafes, a clinic, pharmacy, and numerous other services, the area is vibrant and well-developed. This is a premium opportunity for investors or developers seeking a strategically positioned commercial plot in central Nicosia with strong growth and redevelopment prospects.
- Reference
- 242508
- Property type
- Land and Plots
- Plot area
- 1,320 m²
- Energy efficiency
- A
- Building density
- 200.00%
- Coverage ratio
- 60.00%
- Max. height
- 24 m
What it will really cost
Mortgage estimate
Estimate only. Legal fees, stamp duty and mortgage costs are not included.
- 27 Apr 2026 €700,000 €750,000
- 15 Feb 2026 €1,450,000 Listed
How the price compares
average
At €530/m² compared with an average €434/m² across 214 similar listings — land and plots in Nicosia.
Location
Spilia, Nicosia district · 1070
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