Property 52762 Strovolos, Nicosia / 44872

Prime commercial property in Nicosia's bustling area.

Price 11,300,000
Estimated mortgage 38,912 /mo
Key facts 5,764 m²

Overview

Community Strovolos
District Nicosia
Property type Residential Land
Plot area 5,764 m²
Reference 44872

Property Description

Location
- Positioned along one of Nicosia’s most prominent and high-traffic commercial avenues, ensuring constant visibility throughout the day.
- Surrounded by a full spectrum of amenities – shops, restaurants, banks, schools, gyms, and supermarkets.
- An ideal location for both commercial and mixed-use developments due to its accessibility and thriving neighborhood.

Advantages & Plot Features
- Size: 5,764 sqm with a prime corner position.
- Exceptional visibility thanks to three-road frontage with extended lengths.
- Added planning incentives allow for higher building density, maximizing development potential.
- Outstanding accessibility, exposure, and branding opportunities for any commercial project.

Special Highlights
- Strategic placement in a high-demand commercial zone.
- Three-road access for superior traffic flow and customer convenience.
- Negotiable asking price, offering flexibility to potential investors.

Development Opportunity
- Currently hosting a building complex with showrooms, offices, and a garage, the existing structures are economically obsolete. This makes the property perfect for complete redevelopment, allowing a modern commercial project to unlock the full potential of this rare, prime location.

Property Highlights

Services

Water

Sustainability / Energy

Energy efficiency rating Energy data pending

Location

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Nearby

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