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.