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1,250 SQM Residential Plot
Strovolos, Nicosia

€1,550,000  ($1,800,023)

My Space Real Estate

My Space Real Estate

Myspace Real Estate & A.SP.S.Thinkrealty – Reg. No: 396665 | License No: 1047-229/E

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Compared currency flag Pay in USD and save up to $63,001

Average Bank Rate (€1,550,000)
1 USD = 0.8320 EUR
$1,863,024

Mid-market rate (€1,550,000)
1 USD = 0.8611 EUR
$1,800,023

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

Residential (ΚΑ6)

Description: Residential Zone (Ζωνη Κατοικιας)

Coverage: 0.5

Density: 0.9

Height: 10 meters

Allowed stories: 2

Development description: Plan Of The Old Centre Of Strovolos (Σχεδιο Περιοχης Παλαιου Πυρηνα Στροβολου)


Nearby planning zones

Commercial: 0.31 Km

Tourist: 35.43 Km

Industrial: 3.13 Km

Agricultural: 3.07 Km

Farm: 8.56 Km

Key features

  • Listing ID: 1850425 (237592)
  • Plot: 1250 sqm

Description

Prime Development Opportunity – Two Adjacent Plots for Sale in Strovolos, Nicosia

An exceptional opportunity to acquire two adjacent plots with a total area of 1,250 m², located in one of Strovolos’ most desirable and centrally positioned neighborhoods. Offered as a single sale, both plots include individual title deeds and feature distinct planning zones that create flexible and valuable development potential.

Plot Details:

Plot 1 (Parcel No. 499)
– Size: 711 m²
– Planning Zone: Εβ3 (Commercial)
– Building Density: 160%
– Coverage Ratio: 50%
– Maximum Height: 24 meters
– Maximum Floors: 6

Plot 2 (Parcel No. 254)
– Size: 539 m²
– Planning Zone: Κα4 (Residential)
– Building Density: 120%
– Coverage Ratio: 50%
– Maximum Height: 13.5 meters
– Maximum Floors: 3

Combined Plot Summary:
– Total Area: 1,250 m²
– Title Deeds: Available for both plots
– Price: €1,550,000

Development Advantage:
According to local planning regulations, when a commercial plot is adjacent to a residential one, up to 70% of the residential plot's building density can be approved for commercial use. This significantly enhances the overall development potential, allowing for a mixed-use or predominantly commercial project.

Key Location Benefits:
– Situated in Chryseleousa Quarter, Strovolos, one of Nicosia’s most sought-after areas
– Excellent accessibility to the city center, major roads, services, retail, and schools
– Ideal for commercial, residential, or mixed-use development

This offering presents an ideal investment for developers looking to take advantage of flexible zoning and a highly visible location in the heart of Strovolos. Suitable for office buildings, commercial centers, residential apartments, or mixed-use complexes.

Contact us today for full documentation and to arrange a site inspection.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 1850425. 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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