Plot 1075 Sq.m. For Sale in Trypiotis, Nicosia

This is a rare opportunity to acquire a centrally located commercial plot with a total area of 1,075 square meters. The property enjoys a corner position, offering approximately 57 meters of road frontage along two busy streets, and features a regular rectangular shape with a flat, even surface—ideal for development.

The plot is situated in a vibrant, high-demand commercial zone and is adjacent to a historic educational building. It benefits from enhanced development capacity through an additional building coefficient of 448 square meters, as documented in the title deed.

The property is zoned within a special commercial planning zone, which allows for a building density of 250 percent and a coverage ratio of 70 percent. It is fully serviced with all utility connections, including water, electricity, telecommunications, and sewage.

A valid planning permit exists for the construction of a 16-storey mixed-use building. The approved design includes four basement levels for parking, three ground-floor retail units with mezzanines, office space from the third to the twelfth floor, and three luxury penthouses on the top levels, complete with a rooftop swimming pool and terrace.

The permit presents an exceptional investment opportunity for developers aiming to establish a landmark high-rise building in a thriving urban environment.

The price is subject to VAT.