Commercial Plot 477 m²
- Share: No
- Density: 160%
- Coverage: 50%
- Land type: Plot
- Plot area: 477 m²
- Plot Type: Commercial
- Planning zone: Eb3
- Square meter price: €849 /m²
FOR SALE | PRIME MIXED-USE BUILDING ON STROVOLOU AVENUE, NICOSIA
📍 Chryseleousa, Strovolos – Prime Commercial Location
An outstanding investment opportunity to acquire a mixed-use building situated on Strovolou Avenue, one of Nicosia's busiest commercial arteries. The property enjoys excellent visibility, approximately 29 metres of road frontage, and is located just 50 metres from Agia Marina Primary School and 150 metres from Pericleous Avenue, offering immediate access to the city centre and all amenities.
Property Highlights
✔ Land Area: 477 sq.m.
✔ Covered Area: 496 sq.m.
✔ Basement: 130 sq.m.
✔ Commercial Planning Zone (ΕΒ3)
✔ 160% Building Density
✔ 50% Coverage
✔ 6 Floors / 24m Maximum Height
✔ Approximately 29m Road Frontage
✔ Vacant Possession – Immediate availability.
Existing Building
The property comprises:
• Two spacious ground-floor retail shops (approximately 120 sq.m. each)
• Two first-floor apartments (approximately 128 sq.m. each)
• Basement area of approximately 130 sq.m.
• On-site parking facilities
The building is vacant, making it suitable for owner-occupation, redevelopment or investment purposes.
Exceptional Redevelopment Potential
The existing planning parameters provide an excellent opportunity to redevelop the property into a modern six-level commercial building, comprising:
✔ Contemporary office spaces
✔ Retail showroom or commercial units
✔ Mixed-use development
✔ Underground and ground-floor parking
✔ Approximately 128 sq.m. net floor area per level, plus common areas (subject to planning approval).
Prime Location
Located on one of Strovolos' most established commercial avenues, the property benefits from:
• Excellent exposure and accessibility
• High daily traffic volumes
• Immediate access to Nicosia City Centre
• Close proximity to schools, banks, retail outlets, cafés and public services
• Strong commercial and residential catchment area
💰 Asking Price
€405,000 (No VAT).
Whether you are looking to redevelop, invest, or establish your business in one of Nicosia's most prominent commercial locations, this property offers exceptional long-term value and significant development potential.
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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