627m² Rentals

€ 180,000

Property Details
  • Property Refrence: 48975
  • Agent:
  • Property Type: Finca
  • Property status: Rentals
  • Property Price: € 180,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Built: N/A
  • Country: Cyprus
  • Region: Other
  • City: Other
Description

Prestigious & Strategic Location • Positioned in the highly sought-after Agios Georgios Quarter of Latsia, this exceptional 627 sq.m. plot presents a rare opportunity to secure land in one of Nicosia’s most desirable residential areas. • Located in a few hundred meters from the renowned GSP Stadium, the property enjoys immediate connectivity to the Nicosia–Limassol motorway and effortless access to the capital’s commercial and business center. • The surrounding area is characterized by quality residences, organized infrastructure, and strong long-term growth potential. A Plot Designed for Vision & Flexibility • The property features a flat and even topography combined with a regular rectangular configuration, offering maximum efficiency in architectural design and land utilization. • With approximately 25 metres of frontage on a registered public road, accessibility and façade presence are both excellent. • Adding to its appeal, the plot benefits from partial adjacent to a public green area, enhancing privacy, openness, and long-term value. Unique Dual Zoning Advantage • One of the property’s most compelling attributes is its dual zoning designation, offering both residential and specialized development potential: Zone Κα6 – 36% of the plot • Residential use • 90% building density • 50% coverage • 2 floors permitted • Maximum height: 10m Zone ΕΧ2 – 64% of the plot • Specialised development zone • Flexible development potential • Subject to planning approval depending on proposed project This combination provides a unique opportunity for a luxury private residence, bespoke architectural project, or a strategic investment with diversified development prospects. Investment Highlights • Prime residential location • Proximity to major road networks • Flat, rectangular plot – ideal for optimal design • 25m road frontage • Adjacent to green area • Dual zoning with flexible potential • Separate Title Deed available • Strong capital appreciation prospects Ideal For ✔ Luxury private residence ✔ High-end custom home development ✔ Long-term land banking investment ✔ Specialized project (subject to approval)