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6,689 SQM Residential Plot
Strovolos, Nicosia

€2,000,000  ($2,289,236)

Property Masters

Property Masters

Reg. No. 1140, Lic. No. 580

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Average Bank Rate (€2,000,000)
1 USD = 0.8441 EUR
$2,369,359

Mid-market rate (€2,000,000)
1 USD = 0.8737 EUR
$2,289,236

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: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)

Coverage: 0.5

Density: 0.9

Height: 10 meters

Allowed stories: 2

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


Nearby planning zones

Commercial: 0.5 Km

Tourist: 34.12 Km

Industrial: 1.94 Km

Agricultural: 2.24 Km

Farm: 5.5 Km

Key features

  • Listing ID: 8903125 (2939)
  • Plot: 6689 sqm

Description

🏡 FOR SALE – Prime Residential Development Land | 6,689 m² | Strovolos, Nicosia

📍 Exceptional investment opportunity in a prime location with extensive frontage on Troodos Avenue, next to the roundabout at the Tseri Avenue / Troodos Avenue junction in Strovolos.

📐 Land Area: 6,689 m²

✅ Planning Permit valid until 18/10/2029 for the subdivision of the land into residential plots.

Planning Zone & Development Parameters:
🏘️ Zone: Ka6
📈 Building Density: 90%
🏗️ Coverage Ratio: 50%
🏢 Maximum Floors: 2
📏 Maximum Height: 10 metres

In addition to residential development, the property may also be suitable (subject to the relevant approvals) for:
🏢 Office developments
🏥 Clinics & Medical Centres
🤝 Social welfare and community facilities
🏋️ Sports facilities
📚 Private institutes & tutoring centres
🎓 Educational institutions & tertiary education facilities
☕ Leisure and low-impact recreational uses

📄 A building permit for a Day Care Clinic had previously been issued and expired in 2022, which may be useful as a basis for a future application, subject to the relevant authority approvals.

✨ A rare development opportunity in one of Strovolos' most prominent and accessible locations, offering excellent visibility, strong road connectivity, and outstanding investment potential.

📞 Contact us for further information, planning details, or to arrange a viewing
REF NO MP97879P

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