Property Details
- Property Refrence: 49316
- Agent:
- Property Type: Finca
- Property status: Rentals
- Property Price: € 480,000
- Bedrooms: 0
- Bathrooms: 0
- Built: N/A
- Country: Cyprus
- Region: Other
- City: Other
Description
Location • Situated in the dynamic and rapidly expanding municipality of Latsia, within the district of Nicosia, this prime residential field benefits from an exceptional strategic position. • The property is located just 850 meters from the Nicosia–Larnaca–Limassol highway, offering seamless connectivity to the capital’s city center as well as direct access to the island’s major coastal destinations. • The area is increasingly sought-after for residential development due to its accessibility, infrastructure, and growing demand for quality housing. Land Characteristics • The property comprises an expansive residential field of approximately 6,136 sq.m., offering an impressive development footprint suitable for a well-planned residential project. • It enjoys direct access via a registered asphalt road along its eastern boundary, with a frontage of approximately 6.5 meters, ensuring immediate and convenient access for development. • The field falls within Residential Planning Zone Κα9, offering attractive development potential under the following planning parameters: • Building Density: 40% • Coverage Ratio: 25% • Maximum Floors: 2 • Maximum Height: 10 meters Advantages & Special Features • Prime investment opportunity in one of Nicosia’s most promising residential growth areas • Large land parcel ideal for coordinated residential development • Excellent accessibility with immediate proximity to the highway network connecting Nicosia, Larnaca, and Limassol • Registered road frontage, facilitating straightforward development planning • Suitable for the development of detached houses, modern residential units, or a boutique housing project