⭐ AGIOS PAVLOS CORNER PLOT EB4 - 140% DENSITY + €60,000 GRANT AREA - Published

Agios Dometios, Nicosia

Overview

Reference

30779

Category

Commercial

Property type

plot

City

Nicosia

Furnished

No

Description

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. Added Investment Advantage – Government Housing Grant The property is located within a designated area eligible under the Ministry of Interior Housing Scheme for the Revitalisation of Mountainous, Buffer Zone and Disadvantaged Areas. Purchasers of residential units developed on this plot qualify for government financial assistance of up to €60,000, subject to approval criteria. This state-backed incentive significantly enhances end-buyer affordability, increases demand for residential units, and provides developers with a strong competitive and sales advantage. 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 building Retail and service-oriented projects Investment-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 Benefits Near the Nicosia Racecourse and key arterial roads Short distance to Engomi commercial district Close to major universities including European University Cyprus and surrounding academic institutions, creating strong rental demand Easy access to embassies, business centres, and central Nicosia Surrounded 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.