Plot for sale
€900,000
|
€881 per sqm
sqm
1022
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Nicosia Dental Polyclinic Hospital is located in the neighborhood
Property surroundings
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Ayios Dhometios is a neighborhood in Nicosia Municipality and the surrounding area with an area of 3.0 sq km. Currently, most listings in the area are 65-89 sqm, but there are other sizes available. Average used price per sqm is about €1,943 with a gross yield of 6% On GREI there are 8 properties for sale in Ayios Dhometios from a wide range of local agencies.
Airbnb
Rental is allowed subject to registration with the Cypriot tourism ministry.
Golden Visa
There may still be an opportunity here, but through a different or slower route.
Disclaimer: This property assessment is calculated automatically from available listing data and is only an estimate. It does not guarantee actual eligibility or licensing outcome and should be verified with local counsel and the relevant authorities.
Airbnb
Short-term rental is allowed subject to registration with the tourism ministry (Self-Catering Accommodation).
Golden Visa
Permanent residency requires an investment of EUR 300,000 plus VAT in a new property only.
Disclaimer: Regional information is indicative only, may change, and should not be treated as legal, regulatory, tax, or investment advice. Please verify with the relevant authorities.
Key metrics
New price per sqm
-
Used price per sqm
€1,943
Monthly rent
€873
Gross yield
5.77%
Property description
A prime commercial plot is available for sale in a central location in Agios Dometios, right on Demokratias Avenue, bordering the Municipality of Engomi. The property is situated very close to the University of Nicosia, making it an ideal investment opportunity with high return potential. Its strategic location offers excellent development prospects and is perfectly suited for the construction of a modern six-storey building that could accommodate apartments, offices, and retail spaces. Plot Area: 1,022 m² Planning Zone: Εβ3 Building Density: 160% Coverage Ratio: 50% Maximum Floors: 6 Maximum Height: 24 meters Frontage: 24 meters Terrain: Plane Ownership Status: Title deed available
Property details
sqm
1022
Price per sqm
€881
Property code
1-1169
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Price list for neighborhood Ayios Dhometios
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
40-64
€2,385
€12
65-89
€1,901
€9
90-119
€1,906
€9
120+
€1,439
€7
Prices do not represent ground floor or basement apartments, which are often lower by tens of percent. This list is not an official source or a substitute for professional advice.
View how available listings are distributed across different categories
Property distribution
Apartment size distribution (sqm)
Distribution by floor
Distribution by construction year
Year built
1960-1979
1%
1980-2000
11%
2000-2019
35%
2020+
53%