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2,330 SQM Commercial Plot
Dasoupoli, Nicosia

€4,725,000  ($5,453,847)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $190,885

Average Bank Rate (€4,725,000)
1 USD = 0.8371 EUR
$5,644,731

Mid-market rate (€4,725,000)
1 USD = 0.8664 EUR
$5,453,847

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: 0.4 Km

Tourist: 32.64 Km

Industrial: 2.54 Km

Agricultural: 3.71 Km

Farm: 8.16 Km

Key features

  • Listing ID: 7562102 (2184)
  • Plot: 2330 sqm

Description

An exceptional investment opportunity comprising two adjacent commercial plots located on the prestigious Limassol Avenue in Strovolos. Together, these properties form nearly an entire building block, boasting frontage on four roads, ensuring unparalleled exposure and accessibility.

Plot Details:

Plot 1: 1,819m²

Plot 2: 511m²

Key Highlights:

Strategic Location: Positioned on Limassol Avenue, one of Nicosia’s most vibrant commercial hubs, guaranteeing high visibility and traffic flow.

Four-Road Frontage: Excellent accessibility and maximum exposure, making the plots ideal for a wide range of commercial developments.

Redevelopment Potential: Significant scope for revitalization or redevelopment, presenting a strong opportunity for investors and businesses alike.

Planning Zone Information:

Zone Eβ3

Building Coefficient: 160%

Coverage: 50%

Permissible Construction: 6 floors / 24m height

There are derelict buildings that need to be demolished.

Connect with Monday Square today and find a better place to realize your net project!

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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
€185,600 ($214,229)
If buying on joint names
€182,200 ($210,305)

Disclaimer - Property reference 7562102. 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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