Land Spilia, Cyprus

Located in the heart of Nicosia, in the highly central area of Agios Antonios, this commercial plot presents an excellent development opportunity in one of the capital’s most active and established districts. The property is situated on Alkaiou Street, a side road connecting Stasinou and Pindarou, offering both accessibility and a prime city-center position. The plot currently includes an obsolete house and benefits from substantial frontage along a public asphalt road, ensuring strong visibility and easy access. Its central location makes it ideal for a wide range of development options. The property offers significant potential for a mixed-use project, including retail shops, residential apartments, offices, an educational institution, or student accommodation. Furthermore, it may benefit from an increased building coefficient through the incentives of Zone EZ-k, under the Local Plan of Nicosia Municipality (Town and Spatial Planning Law 90/70), enhancing its investment appeal. Surrounded by established business offices, fine restaurants, cafes, a clinic, pharmacy, and numerous other services, the area is vibrant and well-developed. This is a premium opportunity for investors or developers seeking a strategically positioned commercial plot in central Nicosia with strong growth and redevelopment prospects.