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FOR SALE

Ref: 52569

Plot, For Sale, Nicosia, Lefkosia center - Nicosia

Nicosia, Lefkosia center - Nicosia
€ 587.000
  • sq-icon 587 m²

    Plot Area

  • zone-icon Residential

    Town Planning Zone

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FOR SALE

Ref: 52569

Plot, For Sale, Nicosia, Lefkosia center - Nicosia

Cyprus, Nicosia, Lefkosia center - Nicosia
€ 587.000
PROPERTIES
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Pavlos Pavlidis


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Land Plot for Sale, Nicosia Center - Lykavitos, Nicosia

Exceptional Development Opportunity – Premium Residential Plot in Central Nicosia
Prestigious Central Location
Positioned in one of Nicosia's most established residential neighborhoods, this exceptional development plot is located in the highly sought-after Agioi Konstantinos & Eleni quarter.
Its strategic location offers immediate access to schools, government offices, shopping facilities, healthcare services, and the city's main road network, making it an ideal setting for a high-quality residential development.
• Prime central Nicosia location
• Surrounded by established residential developments and everyday amenities.
Outstanding Development Characteristics
This impressive 587 sq.m. residential plot offers all the characteristics developers seek for a successful residential project.
• Plot Area: 587 sq.m.
• Residential Planning Zone: Κα3.
• Building Density: 140%.
• Coverage Ratio: 50%.
• Maximum Building Height: 17 metres.
• Development potential for up to four floors (subject to planning approval).
• Regular-shaped plot offering maximum design flexibility.
• Flat topography, minimizing construction costs.
• Approximately 24 metres of frontage onto a registered road.
• Separate Title Deed is available for a smooth and secure transaction.
Investment Highlights
This is a rare opportunity to secure a high-density residential plot in one of Nicosia's most desirable urban locations, where demand for quality apartments continues to remain strong.
The generous building coefficient, excellent frontage, and central location make it perfectly suited for the development of a modern apartment building targeting both owner-occupiers and investors.
Key investment advantages include:
• High 140% building density, maximizing saleable floor area.
• Excellent potential for boutique residential development.
• Strong rental and resale demand in central Nicosia.
• Ideal for luxury apartments or contemporary residential units.
• Regular plot shape ensures efficient architectural planning and optimal apartment layouts.
• Premium city location supporting long-term capital appreciation.
• Ready for immediate development with a separate Title Deed.
Why This Property?
✔ Prime city-centre location.
✔ High-density residential zoning.
✔ Excellent development potential.
✔ Wide road frontage.
✔ Flat, easy-to-build plot.
✔ Separate Title Deed.
✔ Outstanding opportunity for developers seeking strong returns in one of Nicosia's most established residential areas.


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