Prime Commercial Development

Nicosia

€ 490,000

583 m2 Area
100% Build

Property Ref: #13182

Property Description

A 563 m² commercial plot is available for sale in a prime location in Strovolos, offering excellent development potential. The property falls within the Eβ6 commercial planning zone (100%), under the Nicosia Local Plan, with a 100% building density and 50% coverage, allowing development of up to 3 floors with a maximum permitted height of 13.5 metres. Its generous size and favourable planning characteristics make it suitable for a range of commercial or mixed-use development opportunities. NO VAT

Property Features

Type

Commercial Plot

Status

Resale

Area

583 m2

Build

100%

Cover

50%

Even More Info

Accessibility Road

: Asphalt

Electricity

Registered Road

Street Level

: Same

Surface

: Flat Level

Title Deed

Water

Plans

Location

Strovolos, Nicosia

CURRENT ASKING PRICES PRICES IN STROVOLOS

AVERAGE PRICES TODAY

Flat Price
€ 321,223
House Price
€ 1,235,473
Residential Plot Price
€ 657,291

% PROPERTY TYPES

9 % Houses
24% Plots
67% Flats

% BEDROOMS

6% 1 Bed Flat
50% 2 Bed Flat
33% 3 Bed Flat
1% 3 Bed House
6% 4 Bed House
4% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 174,777
2 Bed Flat
€ 286,939
3 Bed Flat
€ 395,255
3 Bed House
€ 430,000
4 Bed House
€ 984,333
5 Bed House
€ 1,414,166

PRICE RANGE

Flats:
€ 162,000 - € 550,000
Houses:
€ 390,000 - € 4,200,000
Residential Plots:
€ 140,000 - € 5,800,000