€ 850 000
€ 1 306 / sqm
651m2 Land in Strovolos, Nicosia, Cyprus No. 39519
651 sq.m.
Square
Parameters
Property Description
Exceptional plot of land within building zone in the highly sought-after area of Strovolos – Agios Dimitrios. The plot is even, fully buildable, and triple-sided, offering approximately 35m façade and 19m depth, making it ideal for a landmark commercial development.
With a building factor of 160%, 50% coverage ratio, and maximum height allowance of 24m (up to 6 storeys), the plot permits a total buildable area of 1,320 sq.m., plus an additional registered 149 sq.m. building allowance noted on the title deeds, providing a significant development advantage.
Strategically positioned in a mixed-use area, close to schools, churches, embassies, cafés/restaurants, entertainment venues, and the city centre, this property is ideally suited for commercial offices, investment projects, or developer-led schemes.
An outstanding opportunity to develop a high-visibility commercial building in one of Nicosia’s most established and accessible districts.
Statistics
€ 2 000
Price per sq.m.
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Quality of Life Index
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Cost of Living Index
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Parameters
Strovolos
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 600
Apartment (1 bedroom) Outside of Centre
€ 500
Apartment (3 bedrooms) in City Centre
€ 925
Apartment (3 bedrooms) Outside of Centre
€ 850
Buy Apartment Price
Price per square metre in the city centre
€ 2 000
Price per square metre outside the city centre
€ 2 000
Data are provided by Numbeo.com and are based on its users survey. Cyprus-Real.Estate can not guarantee the validity of these data.