Premium New development

Plot for sale

Nicosia, Cyprus

£3,783,420 *  [€4,500,000]

Plot for sale

Nicosia, Cyprus

£3,783,420 *  [€4,500,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 3549 m2

Full Description


Presenting a commercial plot of 3549m² in the sought-after special zone of Egkomi area of Nicosia. Conveniently located near essential amenities, with great connectivity and 10 minutes from Nicosia city centre. Ideally situated close to Georgiou Griva Digeni Ave, Egkomi Town Hall and Hilton Nicosia Hotel, with cafes, restaurants, shops, and supermarkets close by. In addition, the "Mall of Egkomi, the University of Nicosia and the 28th of October Avenue are nearby.

This plot obtained a Planning Permit for a six-floor commercial development totalling 8800m². It will include an underground level of 102 parking spaces, a ground-floor lobby and a business centre, a covered terrace floor, and five floors of offices as follows:

- here m2

- Lobby: 512m2

- Offices (5 floors): 4.177m2

- Common Areas: 336m2

- Covered Verandas: 408 m2

- Uncovered Verandas: 459m2

- Roof Garden: 605m2

- Parking Spaces: 115

The plot currently features a building rented to a stable tenant for €11,000 per month, with the lease set to expire in November 2026. This property presents an excellent opportunity for establishing the headquarters of a prestigious company or for investors seeking a high-yield commercial asset.

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This property listing (ref: 1356) is an advertisement supplied by Life Realty and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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