Plot, For Sale, Nicosia, Latsia

Location
• Situated within the desirable suburb of Latsia, this property offers a prime address in a well-established and growing Nicosia neighbourhood.
• The plot enjoys exceptional proximity to major facilities, located just over a kilometre from the Nicosia General Hospital, ensuring ultimate convenience.
• Positioned only three kilometres from the University of Cyprus, the area is ideal for student accommodation or housing projects for academic staff.
• Residents will benefit from excellent connectivity to the main highway network, allowing for swift and easy travel to other cities across the island.
• A wide array of supermarkets, shops, cafes, and reputable schools are located within the immediate vicinity, serving all daily family needs.

External Features
• This offering comprises a 43% share of a residential field, providing a substantial area of approximately 3,508 square meters for development.
• The land features an impressive road frontage of approximately 158 meters, offering superb design flexibility and visibility for any future project.
• Benefitting from direct access via a registered public road, the property ensures straightforward entry for construction vehicles and future residents.
• The plot’s generous dimensions and regular shape present an excellent canvas for a large-scale project with space for creative architectural planning.

Advantages - Special Features
• Falling within the Κα7 residential zone, the land allows for a high building density of 80% and a generous site coverage of 45 percent.
• Current zoning permits the development of a building up to three storeys in height, making it perfect for an apartment block or multiple houses.
• This parcel represents a premier investment for developers, offering strong potential for capital appreciation in a high-demand Nicosia location.
• Its strategic position near the hospital and university ensures robust rental demand and the potential for attractive, long-term investment yields.
• The extensive road frontage and large size provide exceptional flexibility for developing a multi-unit project that will maximize its investment potential.