Description
Plot with title deed, area 692 sqrm, frontage 24 m, in the area of Nicosia (center), Lefkosia within Nicosia district. It is within close proximity to: Agios Antonios and Agios Antonios. The land characteristics are: within planning zone Ka 3, has a build coefficient of 140.000% with covered coefficient of 50.00%, maximum building permissible height 17.00 meters, and maximum number of floors 4. Other characteristics of Plot: electricity, telephone, water connection, connected to sewage system. Τhe land area is 692 square meters. After getting relevant permits from the local authorities, you can build a building of total area 969 sqrm. The value of this investment comes to € 712 per square meter of covered area. Zone: Mainly residential area Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, communal swimming pool, gymnastics center, Church. View: town. The type of road leading to the property is tarmac secondary road. There is road frontage of 24 meters. The property has VAT (not included in the price). This Plot has title deed ready. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 24 meters. Completion of sale with the transfer of the title deed at District Land Registry.
The Land
This exceptional residential plot spans 692 square meters of prime real estate in Agios Antonios, Nicosia, offering substantial development potential with an impressive 24 meter road frontage. The land is fully serviced with electricity, telephone, water connection and sewage system integration, providing all essential infrastructure needed for immediate construction. The generous dimensions and accessibility make this a rare opportunity for discerning investors and developers seeking quality building land in an established community.
Zoning and Permitted Use
Located within the Ka 3 planning zone designated as a primarily residential area, this plot welcomes residential development with generous building parameters. The land permits a build coefficient of 140 percent with a covered area coefficient of 50 percent, allowing construction of up to 969 square meters of total built area across a maximum of 4 floors with a permitted height of 17 meters. These favourable zoning regulations provide excellent flexibility for creating modern residential properties that meet contemporary living standards.
Views and Setting
The property enjoys pleasant town views that provide pleasant vistas across the urban landscape while maintaining a peaceful residential setting. The location benefits from a tarmac secondary road providing reliable vehicular access, and the neighbourhood maintains the character of a well established residential community with tree lined streets and a welcoming atmosphere.
Development Potential
This plot represents a golden opportunity for contractors and developers seeking a substantial development project with exceptional road frontage. The 24 meter frontage creates outstanding visibility and accessibility for a new residential building, making it highly attractive for commercial residential development. With the capacity to build nearly 1000 square meters of covered space, developers can create multiple residential units or a substantial single property that maximizes the lands earning potential.
The Location
Agios Antonios offers residents the perfect balance between vibrant urban amenities and peaceful residential tranquility. Within walking distance you will discover banks, pharmacies, hair salons, beauty establishments, corner shops, bakeries and parks that cater to daily needs. Within just 5 minutes you can access nurseries, primary and secondary schools, universities, supermarkets, childrens play areas, communal swimming pools, gymnastics centers and churches, creating an environment where families thrive and professionals flourish.
Legal Standing
The title deed is fully prepared and ready for transfer, providing complete legal clarity and security for the new owner. The completion of sale will be finalized through the official transfer of the title deed at the District Land Registry, ensuring transparent and legally binding transaction procedures. An existing demolition permit valid until June 2029 is already in place, streamlining the path toward immediate development.
Investment Appeal
This represents a compelling investment opportunity combining a prime location with exceptional development parameters and outstanding infrastructure. The combination of generous building allowances, substantial road frontage, fully serviced utilities and proximity to essential amenities creates the ideal foundation for a profitable residential development project. The residential zoning and established neighbourhood character ensure strong demand for well designed properties in this sought after area.
We warmly invite you to arrange a viewing and experience firsthand the tremendous potential this exceptional plot offers for your residential development vision.