• REF. 319

    Unique Development Field

    Strovolos Municipality, Nicosia
8,094 m2 Land area 160 % Building Coefficient
    Development Land For Sale

    Property Description

    Reference Number: 319

    The property consists of three adjacent contiguous commercial fields on Limassol Avenue with tremendous commercial development potential. Limassol Avenue has been established as one of the most commercial Avenues of Nicosia, with tremendous traffic flow during all hours of the day. The subject area is mainly characterised by shops, restaurants, schools, banks, gym, supermarkets and almost every type of service. The fields can be amalgamated to form a single entity of 8.094  , with added planning incentives witch further add to the allowable building density. At the moment, on the property there is a building complex, consisting of showrooms, offices and a garage. The buildings are in satisfactory condition and maintenance, however they are considered economically obsolete, after taking into consideration the large development potential.  

    Property Registration Number: 13/935

    Property Registration Number: 13/3978

    Property Registration Number: 13/3979

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    Property Details

    • Type: Development Land
    • Total Plot Size: 8,094 m2

    Property Location

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    REF. 319