Land for sale in Strovolos, Nicosia, by Keller Williams: 634m2 No. 39708

634m2 Land in Strovolos, Nicosia, No. 39708

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ID39708 € 650 000

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39708

Property description

Prime Corner Commercial Plot on Strovolos Avenue

We are pleased to present a premier investment opportunity situated on one of Nicosia's most prominent and busiest commercial arteries, an exclusivity by Keller Williams Seven. This exceptional property is a corner commercial plot located directly on Strovolos Avenue, offering unparalleled visibility and accessibility. Boasting an impressive road frontage of 46 meters, the plot guarantees maximum exposure to high volumes of daily traffic, making it a landmark location perfect for businesses seeking a prestigious address and strong market presence.

The property falls within the ΕΒ3 Commercial Planning Zone, which provides significant development potential for high-yield projects. With a generous Building Density of 160% and a Coverage Ratio of 50%, the zone regulations allow for the construction of a six-story building with a maximum height of 24 meters. These favorable zoning parameters offer investors and developers exceptional flexibility to maximize the buildable area and create an architectural landmark.

This plot is perfectly suited for a state-of-the-art mixed-use development. The specifications are ideal for constructing a modern building featuring high-profile retail shops or luxury showrooms on the ground floor to capture consumer traffic. Simultaneously, the upper floors can be developed into corporate headquarters, premium office spaces, or upscale residential apartments.

This is a rare opportunity to acquire a strategic asset in a high-demand area, promising excellent capital appreciation and significant return on investment.

Strovolou Avenue is one of the most important and busiest road arteries in Nicosia. In addition to its commercial character, it also hosts key government services, which significantly increase daily traffic and activity in the area.

Located along the avenue or within very close proximity are:
Ministry of Defence
Public Works Department
Strovolos Municipality
Tax Department

The presence of these governmental and municipal services makes Strovolos Avenue an administrative hub, serving hundreds of citizens every day for various matters.
Combined with its numerous shops, cafés, restaurants, and businesses, the avenue is one of the most vibrant and active streets in the capital, offering both commercial and institutional value.

Distances to services and amenities:
• Supermarket: 750 m
• Medical Clinic: 650 m
• Lyceum (High School): 480 m
• University: 4 km
• International Airport: 41 km