Ref: 54199
Ref: 54199
Location
• Located within the historic residential area of Kaimakli, this plot offers a unique blend of traditional neighborhood charm and convenient city living.
• The property is situated just 350 meters from Agiou Ilarionos Avenue, providing immediate access to a wide range of local shops and daily amenities.
• Excellent connectivity to Nicosia's city center is assured, placing the capital's primary business districts and cultural venues within very easy reach.
• Lying only 560 meters from the prominent Agia Varvara Church, the area is rich in local character and community landmarks, adding to its authentic appeal.
• This particular field falls within the designated United Nations Buffer Zone, a specific geographic location that presents a distinct context for potential development.
External Features
• Encompassing a substantial area of 5017 square meters, this large residential field provides a significant canvas for a major development project.
• The plot features a regular shape and a level surface, which greatly facilitates site planning, architectural design, and future construction processes.
• It benefits from established road frontage, ensuring straightforward entry for both construction machinery and eventual residential traffic.
• The vast expanse offers exceptional potential for creative landscaping, including the integration of communal gardens or spacious private yards for future homes.
• Situated within a developed residential zone, the property is surrounded by existing homes, offering a clear context for its future integration into the neighborhood.
Advantages - Special Features
• Falling under the Κα4 residential planning zone, the land benefits from a high building density of 120%, maximizing the allowable built area for developers.
• A generous site coverage ratio of 50% provides significant flexibility in architectural design, allowing for spacious residences and well-planned common areas.
• This parcel represents an exceptional investment for a developer aiming to capitalize on the strong demand for new housing in the capital city.
• The significant scale of the plot makes it ideally suited for constructing a modern apartment complex or a development of multiple housing units.
• Its strategic position in a central suburb, combined with favourable development parameters, presents a rare opportunity to acquire a prime Nicosia asset.
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