Investment Opportunity
€ 300,000
511 m2 Area
120% Build
50% Cover
Property Description
Prime 511㎡ commercial plot located on the busy Tseriou Avenue. The property benefits from 120% building density and allows for up to 3 floors, making it ideal for mixed use development. Comes with approved architectural plans for a boutique hotel with ground floor shops, offering excellent investment potential in one of Nicosia’s most vibrant areas.
Property Features
Type
Commercial Plot
Status
Resale
Area
511 m2
Build
120%
Cover
50%
Even More Info
Accessibility Road
: AsphaltStreet Level
: SameSurface
: Flat LevelPlans
Location
Strovolos, Nicosia
CURRENT ASKING PRICES PRICES IN STROVOLOS
AVERAGE PRICES TODAY
Flat Price
€ 325,906
House Price
€ 1,281,263
Residential Plot Price
€ 728,641
% PROPERTY TYPES
11 % Houses
22% Plots
68% Flats
% BEDROOMS
4% 1 Bed Flat
49% 2 Bed Flat
36% 3 Bed Flat
1% 3 Bed House
7% 4 Bed House
4% 5 Bed House
AVERAGE PRICES BY NUMBER OF BEDROOMS
1 Bed Flat
€ 177,600
2 Bed Flat
€ 280,425
3 Bed Flat
€ 395,822
3 Bed House
€ 398,500
4 Bed House
€ 1,038,555
5 Bed House
€ 1,590,000
PRICE RANGE
Flats:
€ 165,000 - € 550,000
Houses:
€ 367,000 - € 4,200,000
Residential Plots:
€ 140,000 - € 5,800,000
