A Rare Central Landmark Opportunity

Nicosia

€ 2,300,000

727 m2 Area
250% Build
70% Cover

Property Ref: #11841

Property Description

Situated in a prime central location, this plot offers an outstanding opportunity for high rise development. The site currently includes an old property suitable for demolition, allowing developers or investors to fully maximize the land’s potential. With excellent accessibility and strong surrounding infrastructure, the property is ideal for a residential, commercial, or mixed-use tower in a highly sought-after urban area. A rare city-center opportunity with significant long-term value.

Property Features

Type

Plot

Status

Resale

Area

727 m2

Build

250%

Cover

70%

Even More Info

Accessibility Road

: Asphalt

Electricity

Registered Road

Street Level

: Same

Surface

: Flat Level

Title Deed

Water

Plans

Location

Nicosia Down Town, Nicosia

CURRENT ASKING PRICES PRICES IN NICOSIA DOWN TOWN

AVERAGE PRICES TODAY

Flat Price
€ 563,140
House Price
€ 2,083,333
Residential Plot Price
€ 1,902,441

% PROPERTY TYPES

3 % Houses
19% Plots
78% Flats

% BEDROOMS

9% 1 Bed Flat
50% 2 Bed Flat
38% 3 Bed Flat
1% 3 Bed House
1% 4 Bed House
2% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 231,083
2 Bed Flat
€ 356,210
3 Bed Flat
€ 655,448
3 Bed House
€ 650,000
4 Bed House
€ 900,000
5 Bed House
€ 3,000,000

PRICE RANGE

Flats:
€ 140,000 - € 5,160,000
Houses:
€ 650,000 - € 3,700,000
Residential Plots:
€ 320,000 - € 7,000,000