Ref: 54077
Ref: 54077
Location
• Positioned within a dynamic and sought-after quarter of Strovolos, this property offers a prestigious address in a commercially vibrant area of Nicosia.
• The plot is ideally situated close to a complete range of services and amenities, including reputable schools, major banking institutions, and large supermarkets.
• Residents and businesses will benefit from its proximity to a wide array of retail shops, cafes, and restaurants, contributing to a convenient urban lifestyle.
• Exceptional connectivity is guaranteed with immediate and effortless access to the national motorway system, simplifying travel to other cities and the airport.
• The bustling commercial and administrative centre of Nicosia is just a short and direct drive away, making it perfect for business operations.
• Its location near the intersection of two major avenues ensures high visibility and places it within a well-established and attractive neighbourhood.
External Features
• This substantial land parcel encompasses a total area of 1,326 square meters, offering ample scope for a significant development project.
• The field presents a highly practical, nearly rectangular shape and a level, even surface, which greatly facilitates efficient site planning and future construction.
• It boasts significant main road frontage of approximately 20 meters along a prominent avenue, guaranteeing superb exposure and direct public access.
• An additional and extensive frontage of approximately 45 meters abuts a secondary public road, providing superior flexibility for design and vehicle entry points.
• This advantageous dual-frontage configuration offers a unique opportunity to create a landmark building with enhanced architectural presence and versatile functionality.
Advantages - Special Features
• Zoned predominantly as Commercial (Eβ4), the property permits a high building density factor of 140%, presenting an outstanding development opportunity.
• The combination of a prime location, generous size, and favourable planning regulations makes this a premier investment for visionary developers.
• A separate and unencumbered title deed is available for the property, ensuring a secure and streamlined transaction for the new owner.
• This parcel is perfectly suited for the development of a flagship corporate headquarters, a mixed-use commercial building, or a high-yield retail complex.
• Its strategic position in an area with proven high demand for both commercial and residential space points to strong potential for future capital appreciation.
• The property's legal framework includes registered rights of way, which provide additional certainty and enhance the flexibility of any proposed development scheme.
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