Prime Commercial Plot

Nicosia
Strovolos

€ 1,190,000

521 m2 Area
160% Build
50% Cover

Property Ref: #12149

Property Description

A well-positioned commercial plot of 521㎡ located on Armenias Street, offering excellent accessibility and visibility. With a 160% building density, the property allows for substantial development potential, making it ideal for retail, office spaces, or mixed-use projects. Its strategic location ensures proximity to key amenities, main roads, and established businesses, presenting a strong investment opportunity for developers or investors seeking high returns in a growing area.

Property Features

Type

Commercial Plot

Status

Resale

Area

521 m2

Build

160%

Cover

50%

Even More Info

Accessibility Road

: Asphalt

Street Level

: Same

Surface

: Flat Level

Title Deed

Plans

Location

Acropoli, Strovolos, Nicosia

CURRENT ASKING PRICES PRICES IN ACROPOLI

AVERAGE PRICES TODAY

Flat Price
€ 352,974
House Price
€ 850,000
Residential Plot Price
€ 1,041,250

% PROPERTY TYPES

2 % Houses
9% Plots
89% Flats

% BEDROOMS

5% 1 Bed Flat
58% 2 Bed Flat
37% 3 Bed Flat

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 189,500
2 Bed Flat
€ 316,545
3 Bed Flat
€ 426,642

PRICE RANGE

Flats:
€ 189,000 - € 550,000
Houses:
€ 850,000 - € 850,000
Residential Plots:
€ 475,000 - € 1,500,000