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  • Property Type
  • Field
  • 231920 sq.m
  • Area Size

Shared field in Strovolos, Nicosia – id R5470

  • €6,300,000

Description

The property is a shared (5.79%) of field/estate, part of a large mixed-use land in Strovolos. The field has a total land area of 231,920sqm and Gordianand#39;s share corresponds approximately to 13,416,97 sqm.

It is located at a prime location at the entrance of Nicosia, next to the Olympic House and Park Headquarters. It is situated just a few meters away from the Electricity Authority Headquarters and 150m from Hellenic Bankand#39;s Headquarters.

It has frontage of about 390m on three public roads/avenues. Provides great proximity to Nicosia centre and the highway connecting Nicosia to Larnaca/Limassol. Stavrou and Athalassas Avenues are just 5 mins away, offering access to all amenities and services.

There is a building permit (subdivision/road construction permit) for the division of the estate into 15 plots. Upon the completion of the division, Gordian will own plot no. 1 with a land area of approximately 12,820 sqm. The property can benefit from the special incentives for developments allowed by Nicosia local plan.

There is a distribution agreement in place between the co-owners. This is a unique opportunity for both residential and mixed-use development.

  • Planning Zone: Residential
  • Density: 100%
  • Coverage: 50%
  • City: Nicosia
  • Area: Strovolos - Ap. Varnavas and Ag. Makar.

Details

Updated on October 27, 2025 at 4:13 pm
  • Property ID R5470
  • Price €6,300,000
  • Property Size 231920 sq.m
  • Property Type Field
  • Property Status For Sale

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