Ref: 3529
Ref: 3529
Prime Commercial Development Plot in Agios Dometios
An exceptional opportunity to acquire a 697 sqm commercial plot situated on Dimokratias Avenue, Agios Dometios, just 1.1 km from the University of Nicosia. Positioned on one of the area's main roads, the property enjoys excellent visibility, strong passing traffic, and easy access to Nicosia city centre.
Development Highlights
Plot Area: 697 sqm
Planning Zone: Εβ4 Commercial (100%)
Building Density: 140%
Coverage Ratio: 50%
Maximum Floors: 4
Maximum Height: 17 metres
Approximate Buildable Area: 976 sqm
Road Frontage: Over 21 metres
Prime main road location
1.1 km from the University of Nicosia
Located within the Government Green Line incentive area, allowing eligible purchasers of future residential units to benefit from available housing grant schemes, subject to the relevant government criteria.
Development Potential
The planning characteristics and prominent location make this plot an excellent candidate for a mixed-use development, combining retail or office space on the ground floor with residential apartments above. Alternatively, it is equally suitable for a purely residential apartment development.
The property's proximity to the University of Nicosia, embassies, government offices, and the city centre creates strong and consistent demand from students, young professionals, and investors seeking modern accommodation.
With approximately 976 sqm of buildable area, excellent road exposure, and a strategic location in one of Nicosia's most active commercial districts, this is a rare opportunity for developers looking to maximise both rental yields and long-term capital appreciation.
ARE YOU INTERESTED?
Complete the form or send an email to:
[email protected]