Description
The property consists of two (2) adjacent commercial plots with a total land area of 2,330sq.m..They are ideal for commercial hub or mixed-use development, and they are situated in the prime area of Agios Dimitrios, Strovolos, in Nicosia district. Location: Strategically positioned in a prime city corridor on Limassol Avenue, serving as a landmark placement at the entrance of the Nicosia district. Surrounded by high-profile corporate buildings and retail hubs, ensuring long-term value appreciation. Property Highlights: • Total Land Area: 2,330 sq.m. (comprising two adjacent commercial plots) • Frontage: Extensive 95m of road frontage with maximum exposure • Shape & Terrain: Rectangular shape with flat terrain, offering optimized building efficiency. • Infrastructure: Close proximity to central arterial infrastructure and the bustling networks of the capital's entrance. • Investment Potential: This expansive parcel represents a significant opportunity for a major commercial hub or corporate headquarters. Its prominent size and location allow for flexible master-planning and high-density construction. Planning Zone: The property falls within Planning Zone Εβ3, with a building coefficient of 160%, coverage of 50%, and permission for 6 floors (24 meters) of construction. There are separate title deeds for the parcels.
