Details

An exceptional opportunity to acquire a prime corner commercial development plot located in the highly strategic area of Agios Pavlos, Nicosia, just moments from the Nicosia Racecourse and within close proximity to Engomi’s thriving commercial and academic hub.The property benefits from EB4 planning zone parameters, offering excellent development potential for investors and developers seeking a mixed-use or commercial project in a well-established urban environment.With a plot area of 539 m², building density of 140%, and coverage of 50%, the asset allows for a substantial development with up to 4 floors (approx. 17 m height), making it ideal for:Mixed-use developments (commercial ground floor with residential or office units above)Modern office buildingRetail and service-oriented projectsInvestment-driven residential schemes targeting students and professionals.The corner positioning provides enhanced visibility, accessibility, and design flexibility, particularly advantageous for commercial exposure along a main road frontage.📍 Prime Location BenefitsNear the Nicosia Racecourse and key arterial roadsShort distance to Engomi commercial districtClose to major universities including European University Cyprus and surrounding academic institutions, creating strong rental demandEasy access to embassies, business centres, and central NicosiaSurrounded by established residential neighbourhoods and everyday amenities.This is a rare opportunity to secure a strategically located plot combining high development density, corner visibility, and proximity to universities — ideal for developers targeting strong rental yields and long-term capital appreciation.