Ref: 53050
Location
• Situated in the desirable residential area of Aglantzia, this plot offers a peaceful suburban lifestyle with excellent connections to the capital's vibrant city centre.
• The property benefits from proximity to Famagusta Avenue, providing quick access to a wide array of shops, restaurants, and essential daily services.
• Families will appreciate the close distance to reputable local schools, public parks, and recreational facilities like the nearby Aglantzia community stadium.
• This prime location is conveniently positioned for students and faculty, with several major university campuses situated only a short drive away from the site.
• The area is renowned for its tranquil environment and established community feel, making it an ideal setting for permanent family living and development.
External Features
• This substantial residential field covers an expansive 11,511 square meters, providing a remarkable canvas for a significant and ambitious development project.
• The plot is defined by its irregular shape and inclined surface, offering unique architectural possibilities for creative designs that can embrace the natural landscape.
• Its considerable size presents an exceptional opportunity to develop a large-scale project, such as a private villa complex or multiple apartment blocks.
• This land represents a blank slate for developers aiming to construct a custom-built community or a grand private estate with extensive landscaped gardens.
• While currently landlocked, its position suggests future potential for planned access as part of a wider area development strategy, subject to authority approvals.
Advantages - Special Features
• Zoned as Κα7 residential, the land permits a generous 80% building density, which significantly maximizes the potential scale and return on investment.
• A separate title deed is available for the property, ensuring a secure and straightforward ownership transfer process for the prospective buyer.
• Its significant size and zoning present an outstanding investment for a large-scale project, catering to the strong demand for new housing in Nicosia.
• The plot holds immense potential for future capital appreciation, benefiting from its strategic location within a continuously developing and popular Nicosia suburb.
• This asset is perfectly suited for a development company or an investor seeking a valuable long-term land banking opportunity in a sought-after district.
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