This unique large-scale parcel consists of 5 adjacent mixed-use plots (3 plots and 2 fields) in the parish of Apostolos Varnavas & Agios Makarios, in the Municipality of Strovolos, Nicosia District. It is located on Athalassa Avenue, one of the city's most well-known avenues, just 150 meters west of the entrance traffic lights of Nicosia (Kalispera). This ensures high commercial value and seamless connectivity to the heart of the capital.
The land in Strovolos, Nicosia, Cyprus is strategically positioned at the central entrance of Nicosia, offering unparalleled visibility and accessibility. The land in Strovolos, Nicosia, Cyprus is ideally located near numerous amenities and services such as schools, banks, supermarkets, shops, etc. Furthermore, the land in Strovolos, Nicosia, Cyprus enjoys excellent access to the highway and the city center of the capital.
The land in Strovolos, Nicosia, Cyprus, as a single property, has a regular shape and relatively flat surface. The land in Strovolos, Nicosia, Cyprus is situated at a corner and will eventually fall within a cul-de-sac with a pedestrian path. The land in Strovolos, Nicosia, Cyprus abuts three public registered roads (Athalassa Avenue, Vasili Michailidi Street, and Onisilos Street) with a total frontage of approximately 235 meters.
The land in Strovolos, Nicosia, Cyprus represents an excellent opportunity for commercial or mixed-use development. The land in Strovolos, Nicosia, Cyprus can potentially reach 6,800 sqm (approximately) with the possibility of expanding to 8,500 sqm through various incentives. The location, size, and shape of the land in Strovolos, Nicosia, Cyprus offer remarkable flexibility for high-volume project development.
The strategic location, generous dimensions, and significant development potential of the land in Strovolos, Nicosia, Cyprus make it one of the most attractive investment opportunities in Nicosia's thriving real estate market.
The land in Strovolos, Nicosia, Cyprus falls within Commercial Zone Eb3 (Activity Axis I) with a building density of 160% and Residential Zone Ka4 with a building density of 120%.
The land in Strovolos, Nicosia, Cyprus is sold as a single unit with a total area of 6,048 sqm.