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Land, For Sale, Nicosia, Nicosia Center, Agios Antonios
Nicosia Center, Cyprus
REF: 959737
€1,250,000
Description
Set in one of the most exclusive zones of central Nicosia, this 539 sq.m. plot offers an unparalleled opportunity to create something truly special €” a landmark development overlooking the timeless beauty of the Old City and its iconic Venetian Walls. Located just a stone€™s throw from the world-acclaimed Eleftherias Square, designed by Zaha Hadid, this plot sits at the crossroads of history, culture, and contemporary living. From future upper-floor residences or offices, one will enjoy sweeping views across the storied rooftops of Nicosia€™s walled city €” a living mosaic of centuries-old architecture, churches, and cobbled streets. Key Features: €¢ Plot Size: 539 sq.m. €¢ Zoning: EZ-a (rare and highly sought-after) €¢ Building Density: 200% €¢ Coverage: 60% €¢ Building Height: Up to 8 floors €¢ Unique Selling Point: Panoramic views of Nicosia€™s Old City & Venetian fortifications The surrounding area is vibrant yet refined €” walking distance to charming cafés, boutique bars, art galleries, and some of the capital€™s finest dining spots. This is not just a location; it is a statement €” where old-world charm meets the future of urban luxury. Perfectly suited for a high-end residential development, luxury apartments, or a mixed-use project that speaks to the soul of Nicosia. Opportunities like this are increasingly rare, particularly in zones with such generous building allowances and exceptional heritage value.
Set in one of the most exclusive zones of central Nicosia, this 539 sq.m. plot offers an unparalleled opportunity to create something truly special €” a landmark development overlooking the timeless beauty of the Old City and its iconic Venetian Walls. Located just a stone€™s throw from the world-acclaimed Eleftherias Square, designed by Zaha Hadid, this plot sits at the crossroads of history, culture, and contemporary living. From future upper-floor residences or offices, one will enjoy sweeping views across the storied rooftops of Nicosia€™s walled city €” a living mosaic of centuries-old architecture, churches, and cobbled streets. Key Features: €¢ Plot Size: 539 sq.m. €¢ Zoning: EZ-a (rare and highly sought-after) €¢ Building Density: 200% €¢ Coverage: 60% €¢ Building Height: Up to 8 floors €¢ Unique Selling Point: Panoramic views of Nicosia€™s Old City & Venetian fortifications The surrounding area is vibrant yet refined €” walking distance to charming cafés, boutique bars, art galleries, and some of the capital€™s finest dining spots. This is not just a location; it is a statement €” where old-world charm meets the future of urban luxury. Perfectly suited for a high-end residential development, luxury apartments, or a mixed-use project that speaks to the soul of Nicosia. Opportunities like this are increasingly rare, particularly in zones with such generous building allowances and exceptional heritage value.
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Currency Exchange
Nicosia Center, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,250,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,250,000 | £1,029,875 | £1,085,113 | £55,238 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,029,875 |
| Maximum cost in the last six months | £1,085,113 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,238 |
Nicosia Center, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,250,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,250,000 | £1,029,875 | £1,085,113 | £55,238 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,029,875 |
| Maximum cost in the last six months | £1,085,113 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,238 |
The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £55,238 more.
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