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#54075 · Land (Residential)

Nicosia — Nicosia
€335,000
Contact about this property #54075

Key Facts

Type:Land (Residential)
Bedrooms:Studio
Floor:Ground floor
Energy class:G
Title deed:Whole share
VAT:No
Furnished:No
Distance to sea:34000 m

Areas

Plot Area:383 sqm
Build Coef.:140 %
Coverage coef.:50 %

Location & Proximity

pharmacycorner shopnurseryprimary schoolsecondary schooluniversitysupermarketchildrens play areagymnastics centerChurch

Description

The Land
This exceptional 383 square meter plot offers a solid foundation for your development dreams in a wellestablished residential community. The land benefits from full municipal infrastructure with electricity, telephone, and water connections already in place, eliminating the need for costly utility installation. The property presents excellent accessibility and visibility for any future development.

Zoning and Permitted Use
Located within the Ka3 planning zone designated for residential use, this land permits substantial development potential. The generous building coefficients allow for a total constructed area of 536 square meters across a maximum of 4 floors, with a maximum height of 17 meters. The covered area coefficient of 50 percent provides flexibility in designing your project while maintaining adequate open space, making this ideal for residential apartments, a boutique hotel, or mixeduse development that respects the neighbourhood character.

Views and Setting
The property enjoys a normal aspect within a predominantly residential area that maintains a peaceful, communityfocused atmosphere. The neighbourhood balances suburban tranquility with vibrant urban conveniences, creating an environment where families and professionals alike find genuine quality of life. The treelined streets and established community infrastructure suggest a mature, settled area with genuine neighbourhood identity.

Development Potential
This plot represents a prime development opportunity for contractors and developers seeking a strategic investment. The substantial road frontage and generous building parameters create multiple architectural possibilities, from contemporary apartment complexes to innovative residential designs. The Ka3 zoning ensures straightforward planning approval processes, and the full utility infrastructure means you can focus entirely on creating exceptional living spaces without infrastructure complications.

The Location
Everyday conveniences surround you with a pharmacy and corner shop within walking distance, while a nursery, primary school, secondary school, and university sit just five minutes away. The nearby supermarket, childrens play area, gymnastics center, and local church complete a neighbourhood designed around family wellness and community connection. Daily life flows naturally here with essential services and recreational facilities seamlessly integrated into the residential fabric.

Legal Standing
This property holds a complete whole share title, granting you absolute ownership and total freedom in your development approach. The straightforward legal structure ensures a smooth transaction process culminating in the transfer of title deed at the District Land Registry. The absence of VAT tax on this land further enhances its investment credentials and acquisition value.

Investment Appeal
This outstanding development plot combines strategic location, substantial building potential, and favourable financial characteristics to create a compelling investment opportunity. The established residential zone guarantees enduring demand for quality housing, while the generous development parameters enable projects that genuinely enhance community value. Whether you are an experienced developer or an investor seeking meaningful property appreciation, this well positioned land offers the foundation for successful residential development.

We warmly invite you to arrange a viewing and experience firsthand the genuine potential this exceptional property holds for your vision.
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