Commercial property in Nicosia, Cyprus No. 104262

ID104262
$ 1 165 550
Property description
An exclusive investment opportunity in Agios Antonios, one of Nicosia's most undervalued central districts poised for major regeneration.This 539m2 commercial plot sits directly opposite the historic Venetian city walls, with unobstructed green views and development prospects that are truly rare in the capital.
Just steps from Eleftheria Square, the architectural showpiece by Zaha Hadid, the location offers high visibility, walkability, and long-term capital appreciation potential—perfect for forward-thinking developers.
?? Plot Details:
* Size: 539m2
* Planning Zone: EZ-a (Commercial Core Zone)
* Building Density: 200%
* Coverage: 60%
* Floors: Up to 8
* Maximum Height: 31 meters
?? Ideal For:
* Premium office building or headquarters
* Mixed-use development (retail + office + residential)
* Boutique city hotel or branded serviced apartments
* Co-working/innovation hub in the heart of the capital
?? Investment Highlights:
✔ No VAT - An existing older structure on-site means 0% VAT on purchase, allowing for substantial tax savings.
✔ Unmatched Views - Potential for panoramic vistas of the city, green parks, and Nicosia's landmark civic space.
✔ High-Density Build Potential - Maximize usable GFA with 200% density in a location that can command top rents or resale value.
✔ Capital Growth Zone - The surrounding area is experiencing major urban upgrades and infrastructure investment—position yourself ahead of the curve.
?? Contact me today to discuss feasibility studies, development scenarios, and exit strategies. A rare opportunity to secure one of the last prime commercial plots in the historic heart of Nicosia.
R.O.A.R.
R1277 L658
Density: 200%
Coverage: 60%
Land type: Plot
Plot area: 539 m2
Plot Type: Commercial
Postal code: 1055
Planning zone: EZ-a
Online viewing: Νο
Square meter price: €1.855 /m2:
Contact the seller
Nicosia
Commercial property
539 m²
- m²
- sq. ft
$ 1 165 550
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