Landmark Commercial Plot with 8-Storey Development Potential in Nicosia Project №227540

We are pleased to present an outstanding investment opportunity to acquire a prime commercial development plot in the heart of Nicosia, offering a rare combination of strategic location, development potential, and exceptional visibility.

The property is prominently positioned on Salaminos Avenue, at the corner of Vitonos Street, overlooking the historic Venetian Walls of Nicosia and located just moments from the iconic Famagusta Gate, one of the city's most significant historical landmarks.

Salaminos Avenue is one of the principal commercial and transport arteries of central Nicosia, providing excellent accessibility and exposure for future commercial development.

The plot falls within Planning Zone ΕΖ-α, allowing a maximum building density of 200%, 60% site coverage, and the construction of buildings of up to 8 floors.

The site offers an excellent opportunity for the development of a modern commercial building comprising approximately 1,292 sqm of net internal area, in addition to covered verandas, common areas, and the potential for further optimization of the buildable area, subject to final architectural design and planning approvals.

Its prestigious location makes the property ideally suited for:

Premium office headquarters

Mixed-use commercial development

Medical or professional offices

Corporate headquarters

Educational facilities

Hospitality or serviced office concepts

This represents a rare opportunity to secure one of the few remaining high-density commercial development sites within central Nicosia, combining long-term capital appreciation with outstanding development potential.

For further information, planning documentation, or to arrange a viewing, please feel free to contact us.