This commercial plot is situated on a central location, within the Municipality of Strovolos, and offers exceptional commercial development potential. This location has been established as one of Nicosia’s most prominent commercial streets, experiencing high traffic flow throughout the day. The surrounding area is primarily characterized by shops, restaurants, schools, banks, gyms, supermarkets, and almost every type of service. The property benefits from additional planning incentives, further increasing the allowable building density.

The land has a total area of 5,764 square meters.

The property enjoys a corner position, with frontage along on its southeastern boundary measuring 130 meters, along the other Street on its northern boundary measuring 45 meters, and along on its western boundary measuring 120 meters.

Currently, the property features a building complex consisting of showrooms and offices,. However, it is considered economically obsolete, given the vast development potential of the site.

Key Advantages:

• Strategic Location: Positioned on to location, a dynamic commercial hub ensuring high visibility and continuous traffic.
• Three-Road Frontage: Exceptional accessibility from all directions, making it ideal for businesses seeking maximum exposure.

The asking price for this asset is negotiable.

Please note that photos labeled as “Digital Design” are not real-life images but have been digitally created to help you visualize the property’s potential.
The property is owned by a special-purpose vehicle (SPV) . When purchasing the company’s shares, transfer fees will not be applicable.
The highlighted area in the photos is for identification purposes only and may not accurately represent the actual property boundaries.
Before submitting an offer for the property, we recommend seeking independent legal advice regarding any legal matters, applicable transfer fees, and VAT.