Prime Commercial Plots in Limassol Avenue, Agios Dimitrios, Strovolos, Nicosia – id S46116

Prime commercial development plots extending to 8,094sq.m. and with capacity for a six-storey landmark project. The property consists of three (3) adjacent commercial plots ideally situated in the high-demand commercial hub of Strovolos, in Nicosia. andlt;brandgt; andlt;brandgt; Location: Strategically positioned in a prime city corridor on Limassol Avenue, serving as a landmark placement at the entrance of Nicosia. Surrounded by high-profile corporate buildings and retail hubs, ensuring long-term value appreciation. andlt;brandgt; andlt;brandgt; Property Highlights:andlt;brandgt; • Plot Size: 8,094sq.m. of flat, highly developable land.andlt;brandgt; • Development Scope: Zoned for high-density commercial or mixed-use building options.andlt;brandgt; • Zoning Specifications (Zone Εβ3):andlt;brandgt; – Maximum Density: 160%andlt;brandgt; – Maximum Coverage: 50%andlt;brandgt; – Maximum Height: 24m / 6 Floorsandlt;brandgt; • Plot Topography: 100% flat, rectangular terrain optimal for straightforward, cost-effective excavation and foundation layout.andlt;brandgt; andlt;brandgt; Key Advantages:andlt;brandgt; • Exceptional Four-Road Frontage: Corner exposure offering 390m of combined frontage. andlt;brandgt; • Infrastructure: Close proximity to the capital’s commercial center and the bustling networks of the city’s entrance.andlt;brandgt; • Investment Potential: This expansive parcel represents a significant opportunity for a major commercial hub or corporate headquarters. Its prominent size and location allow for flexible master-planning and high-density construction. andlt;brandgt; • Zoning Multipliers: The property benefits from added planning incentives that directly maximize allowable building density beyond baseline figures.andlt;brandgt; • Immediate Redevelopment Readiness: Existing obsolete structures are slated for demolition, offering a clear land area for immediate modern development.andlt;brandgt; andlt;brandgt; There are three (3) separate title deeds for this property.andlt;brandgt; The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.andlt;brandgt; andlt;brandgt; *Kindly note that photos marked as “Digital Design” are not real-life images but have been artificially generated to help you envision the property’s potential.