Large Building Plot for Sale in Nicosia Center

The property consists of two adjacent plots, one residential and one commercial, in Agios Antonios. The plots have a total area of 1,201sqm. Within the 1st plot there is a two-storey building used as a restaurant, currently vacant. The 2nd plot is also vacant.

The 1st plot in terms of urban planning it falls within the Category I Activity Axis (axis of primary importance) which allows residential and/or office and/or commercial development, and/or a combination. Based on the Nicosia local plan, the unification of the two plots provides incentives to increase the building coefficient.

The property is ideally located in a vibrant area, undergoing extensive and significant redevelopment to be established as a new business hub with the development of the Nicosia City Center. It boasts a strategic position with convenient access to the main highway connecting Nicosia to Limassol and Larnaca, ensuring seamless connectivity.

The location offers a wide range of diverse amenities and services, with key commercial avenues (John Kennedy Avenue, Makariou Avenue) and the Central Bank of Cyprus just around the corner, catering to all business and personal needs.

The property is situated on a premium, elevated site, providing unobstructed views of both the Makariou Avenue and the historic center of Nicosia. It combines modern convenience with historic charm, making it an exceptional investment opportunity.

Contact us today for more information or to arrange a viewing.