# For Sale, Land, Plot, Nicosia, Strovolos, Agios Dimitrios, 8,094m²

![For Sale, Land, Plot, Nicosia, Strovolos, Agios Dimitrios, 8,094m²](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/c2fcb3a4-2ca3-4746-ba5c-e8e3647e5de6)

- **Reference:** 65723
- **Status:** For Sale
- **Price:** €15,455,000
- **Property Type:** Land
- **Location:** Nicosia, Agios Dimitrios

## Description

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.   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.   Property Highlights: • Plot Size: 8,094sq.m. of flat, highly developable land. • Development Scope: Zoned for high-density commercial or mixed-use building options. • Zoning Specifications (Zone Εβ3): - Maximum Density: 160% - Maximum Coverage: 50% - Maximum Height: 24m / 6 Floors • Plot Topography: 100% flat, rectangular terrain optimal for straightforward, cost-effective excavation and foundation layout.  Key Advantages: • Exceptional Four-Road Frontage: Corner exposure offering 390m of combined frontage.  • Infrastructure: Close proximity to the capital's commercial center and the bustling networks of the city's entrance. • 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.  • Zoning Multipliers: The property benefits from added planning incentives that directly maximize allowable building density beyond baseline figures. • Immediate Redevelopment Readiness: Existing obsolete structures are slated for demolition, offering a clear land area for immediate modern development.  There are three (3) separate title deeds for this property. 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.  *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.

## Details

- **City:** Strovolos
- **Land Type:** Plot
- **Town Planning Zone:** Commercial
- **Cover Factor:** 5000.00
- **Building Density:** 16000.00

## Areas

- **Plot Area:** 8,094m²

## Photos

![Photo 1](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/0c7db0d9-016e-4221-b391-a3ef352652fc)
![Photo 2](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/1ea7323a-86b8-48e1-826c-5f558c95e398)
![Photo 3](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/d32d1e4d-8c2b-429e-b043-ef62cb5ac6e6)
![Photo 4](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/24ae9e61-44f3-418c-a542-202c0515d099)
![Photo 5](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/9a9f3044-02e4-448a-afba-66097a28187f)
![Photo 6](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/9b910e32-8c4e-439d-9893-1214603d18ac)
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![Photo 8](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/36cbdbad-a4b4-4581-8690-a8782ec4545a)
![Photo 9](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/5e892831-8bcd-494c-89b8-fa29e4b69c19)