Plot, For Sale, Nicosia, Agioi Omologites

Location
• This prime land parcel is centrally positioned within a prestigious commercial corridor of the capital, offering unparalleled access to the city's main business and administrative districts.
• Surrounded by prominent multi-storey office buildings and high-end residential apartments, the immediate area guarantees a high-profile setting for any future development.
• Situated just a brief distance from key governmental buildings, including the Ministry of Finance, the location is ideal for corporate headquarters or professional services.
• Its proximity to the historic Venetian Walls places it within a vibrant urban landscape, blending modern commerce with the cultural heart of Nicosia.
• Residents and tenants will benefit from exceptional convenience, with a wide array of amenities, including cafes, banks, and retail shops, all within easy walking distance.
• The plot enjoys excellent connectivity to the city's major road junctions and transport networks, facilitating easy movement to other parts of Nicosia and beyond.

External Features
• Comprising four continuous plots that form a substantial, unified land area of 2,126 square metres, this property offers significant scale for a major project.
• The site boasts an impressive dual road frontage, including approximately 80 metres along a major avenue, ensuring maximum commercial visibility and multiple access points.
• Featuring a completely flat and even terrain, the land is perfectly prepared for efficient construction, which will significantly reduce preliminary groundwork costs and development time.
• An additional frontage of approximately 30 metres on a registered public street enhances the plot's design flexibility, allowing for creative architectural and landscaping solutions.
• All essential utility services, such as electricity, water, and telecommunications, are readily available in the immediate vicinity, streamlining the connection process for a new development.
• One of the constituent plots currently contains an obsolete building, presenting a clear site that is ready for demolition and subsequent redevelopment.

Advantages - Special Features
• The property falls within a favourable planning zone that permits a high building density of 200% and 60% coverage, allowing for a landmark structure of up to eight floors.
• This investment represents a rare opportunity to create a flagship mixed-use development, combining premium office space with luxury residential units in a high-demand location.
• Its strategic position in a core administrative and commercial hub ensures sustained demand from corporate tenants and private buyers, promising strong and stable rental yields.
• The scarcity of large, undeveloped parcels in this central city area points towards a high potential for significant long-term capital appreciation for the completed project.
• The combination of extensive frontage, flat terrain, and prime location makes this an exceptionally attractive proposition for developers seeking a signature project in the capital.