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4,335 SQM Commercial Land
Dasoupoli, Nicosia

€11,300,000  ($13,020,983)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/E

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In high demand!
Compared currency flag Pay in USD and save up to $455,734

Average Bank Rate (€11,300,000)
1 USD = 0.8385 EUR
$13,476,718

Mid-market rate (€11,300,000)
1 USD = 0.8678 EUR
$13,020,983

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Commercial (ΕΒ3)

Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)

Coverage: 0.5

Density: 1.6

Height: 24 meters

Allowed stories: 6

Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)


Nearby planning zones

Residential: 0.29 Km

Tourist: 32.71 Km

Industrial: 2.65 Km

Agricultural: 3.82 Km

Farm: 8.25 Km

Key features

  • Listing ID: 7549707 (2186)
  • Plot: 4335 sqm

Description

This commercial plot of 5,764 m² is located on Limassol Avenue within Strovolos Municipality, one of the busiest and most established commercial corridors in Nicosia. Limassol Avenue is known for its constant traffic flow and strong visibility, with the surrounding area comprising shops, restaurants, schools, banks, gyms, supermarkets, and a wide variety of services.

The property enjoys a corner position with triple road frontage, providing excellent accessibility and exposure:

Eastern boundary – 130 m frontage on Limassol Avenue

Northern boundary – 45 m frontage on Chrysanthou Mylonas Street

Western boundary – 120 m frontage on Charalambou Michael Street

Currently, the site hosts a complex of showrooms, offices, and a garage; however, the existing structures are considered economically obsolete when compared to the significant commercial development potential of the land. Enhanced planning incentives further increase the allowable building density, making it ideal for large-scale development.

Key Highlights

Prime Location: Limassol Avenue, a top commercial hub with constant traffic and visibility

Triple Frontage: Access and exposure from three major streets

Development Potential: Large land parcel with increased building density rights

Note: Images marked as “Digital Design” are computer-generated visualizations provided to illustrate the property’s potential and do not represent current conditions.

Connect with Monday Square and find a better development opportunity!

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€448,600 ($516,922)
If buying on joint names
€445,200 ($513,004)

Disclaimer - Property reference 7549707. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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