Land Strovolos, Cyprus

Strovolos, Cyprus, Nicosia

$12,86M

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ID: 3484819

In CRM: 203147

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

Last update: 04/06/2025

Location

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Country

Cyprus
Region

Nicosia District
City

Nicosia
Town

Strovolos
Address

Lemesou Avenue

Description

This commercial site is located on Limassol Avenue, in the municipality of Strovolos, and has great potential for commercial development. Limassol Avenue is considered to be one of the most commercially developed streets of Nicosia, with very heavy traffic and pedestrian traffic throughout the day. The surrounding area is mainly characterized by the availability of shops, restaurants, schools, banks, a gym, supermarkets and almost all types of services. The site has additional town-planning incentives that increase the permissible density of development.

The land area is 5,764 square meters. The site occupies an angular position: its eastern border adjoins Limassol Avenue with a total facade length of 130 meters, the northern border overlooks Chrysanto Milonos Street with a facade of 45 meters, and the western border borders Kharalambu Mihaila Street with a facade of 120 meters.

Currently, there is a construction complex on the site, consisting of retail premises, offices and a garage, which is considered economically obsolete given the great potential of development.

Key advantages:
• Strategic location: the site is located on Limassol Avenue, one of the busiest commercial centers of the city, which provides high visibility and customer flow.
• The facade on three streets: excellent accessibility from different directions, ideal for a business focused on maximum exposure.

The asking price for this object is discussed individually.
Please note that photos marked "Digital Design" are not real images, but were created artificially to help you imagine the potential of the object.