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
€ 321,892
House Price
€ 1,278,857
Residential Plot Price
€ 754,538
% PROPERTY TYPES
11 % Houses
20% Plots
70% Flats
% BEDROOMS
6% 1 Bed Flat
49% 2 Bed Flat
33% 3 Bed Flat
2% 3 Bed House
6% 4 Bed House
4% 5 Bed House
AVERAGE PRICES BY NUMBER OF BEDROOMS
1 Bed Flat
€ 173,444
2 Bed Flat
€ 283,948
3 Bed Flat
€ 396,803
3 Bed House
€ 409,000
4 Bed House
€ 1,125,444
5 Bed House
€ 1,541,666
PRICE RANGE
Flats:
€ 153,000 - € 550,000
Houses:
€ 367,000 - € 4,200,000
Residential Plots:
€ 140,000 - € 5,800,000
