Land Nicosia, Cyprus

Cyprus, Nicosia, Nicosia

$2,85M

Leave a request

ID: 3474181

In CRM: 201302

ID of the ad on the website or in the company’s CRM

Last update: 27/05/2025

Location

Show on map

Country

Cyprus
Region

Nicosia District
City

Nicosia
Address

Vagner

Description

The property consists of two adjacent plots, one residential and one commercial, in Agios Antonios. It is located in a privileged location on Makairio III Avenue in Nicosia, near the commercial and administrative center of the capital. The area of the plots is a total of 1,201 square meters. On the site with registration number 1/3076 is a two-storey building used as a restaurant, currently empty. Reg. 1/3077 is also empty.

The site with reg. number 1/3076 is adjacent to Archbishop Makairio III Avenue, and in terms of urban planning it falls into category I of the Active Axis (the main axis of importance), which allows residential and/or office and/or commercial development, and/or a combination thereof. Under Nicosia's local plan, combining the two sites provides incentives to increase the building coefficient.

The property is ideally located in a dynamic area that is undergoing extensive and significant reconfiguration to become a new business center with the development of the Nicosia City Centre and the renovation of the new Landmark Hotel. It enjoys a strategic position with convenient access to the main motorway connecting Nicosia with Limassol and Larnaca, providing seamless connection.

The location offers a wide variety of amenities and services, with key commercial avenues (John F. Kennedy Avenue, Makairiou Avenue) and the Central Bank of Cyprus just a few steps away catering to all business and personal needs.

The property is located on a high, premium plot, providing open views of both Makairio Avenue and the historic center of Nicosia. It combines modern convenience with historical charm, making it an exceptional investment opportunity.