Commercial in Nicosia

Reference ID: #SA38027 Price details: €2,700,000 Situated in the prime Trypiotis area, at the very heart of Nicosia city centre, this outstanding plot represents a rare opportunity within a designated core of commercial development. The property extends to 719 sq.m. and benefits from a high building density of 250% and a coverage ratio of 70%, making it ideal for high-yield development. The plot currently includes an older residential structure, offering flexibility for renovation or redevelopment, depending on the investor’s strategy. Given its zoning and strategic location, the property is perfectly suited for commercial or mixed-use developments, such as office buildings, retail spaces, or upscale residential units. Positioned within one of Nicosia’s most active business hubs, the area is characterized by a strong presence of corporate offices, retail activity, and government institutions. Its central location ensures excellent accessibility and proximity to all essential amenities, enhancing both its immediate usability and long-term investment value. This is a unique opportunity to acquire a high-potential asset in a key commercial district of the capital, ideal for developers and investors seeking strong returns in a prestigious and well-established urban location.