Prime location
Exceptional mixed-use parcel in the Apostolos Varnavas & Agios Makarios quarter, Strovolos.
Situated on Athalassas Avenue, just 150m west of the Kalispera traffic lights, the property enjoys excellent visibility and direct access to central Nicosia.
Close to schools, banks, shops, supermarkets, and major services, with fast connectivity to both the motorway and the city center.
Land Profile
– Total area: 6,048 sqm (sold as a single unit)
– Corner plot with regular shape and flat surface
– Abuts three public roads: Athalassa Avenue, Vasili Michaelidi, and Onisilou Streets
– Total frontage of approx. 235 meters
– Will include a cul-de-sac and pedestrian walkway
Development Potential
Ideal for commercial, residential, or mixed-use development.
– Base buildable area: 6,800 sqm (expandable up to approx. 8,500 sqm with incentives)
– Zoning includes:
• Commercial Zone Εβ3 – 160% building density
• Residential Zone Κα4 – 120% building density
– Offers flexible design options for high-value projects
Investment Highlights
– Landmark site at the main entrance of Nicosia
– Rare opportunity in a high-demand location
– Excellent visibility, accessibility, and development scope
– Among the most attractive investment prospects in the capital