Ref: 52884
Ref: 52884
Location
• Strategically positioned in the desirable Apostolos Barnabas & Agios Makarios quarter, a vibrant and established commercial and residential hub within Strovolos.
• The immediate area is serviced by a wealth of amenities including prominent schools, banking institutions, supermarkets, and a wide array of retail shops and services.
• Situated near the major intersection of Spyros Kyprianou and Dimitris Vikelas Avenues, the plot offers exceptional local connectivity and high visibility.
• Superb access is provided to the national motorway system and the Nicosia city centre, making it a highly convenient location for businesses and commuters.
• This prime location benefits from consistently high demand for properties, driven by its outstanding accessibility and well-developed professional and social infrastructure.
External Features
• This expansive property consists of a substantial 832 square metre plot, providing a significant footprint for a large-scale commercial development project.
• Characterised by a regular triangular shape and a consistently even surface, the land is well-prepared for efficient site planning and future construction works.
• An impressive road frontage of approximately 50 metres along a bustling main avenue ensures maximum commercial exposure and prestige for any future building.
• The plot benefits from convenient dual access points, including its primary road frontage and an additional registered right-of-way from the northern boundary.
Advantages - Special Features
• Classified under the Εβ4 commercial planning zone, the plot permits a very generous building density of 140% for substantial, high-value development.
• A favourable coverage ratio of 50% allows for a large building footprint while still accommodating necessary outdoor facilities like customer parking and landscaping.
• Planning regulations permit the construction of a significant structure up to four storeys high, with a maximum height of 17 metres, optimising vertical space.
• This plot represents a premier investment opportunity in a sought-after Nicosia suburb, promising significant potential for capital growth and future rental income.
• A clean and separate title deed is available for the entire share, guaranteeing a secure and straightforward transaction process for the prospective owner.
• Its strategic location and generous building allowances make it an exceptional choice for creating a landmark corporate headquarters, a retail complex, or a mixed-use building.
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