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688 SQM Plot
Agios Dometios, Nicosia

€480,000  ($545,952)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $19,108

Average Bank Rate (€480,000)
1 USD = 0.8495 EUR
$565,060

Mid-market rate (€480,000)
1 USD = 0.8792 EUR
$545,952

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8412816 (60571)
  • Plot: 688 sqm

Description

For Sale Residential Plot In Agios Dometios, Nicosia
Prime University-Adjacent Development Opportunity
Located in a highly strategic and accessible area of Agios Dometios, Nicosia, this exceptional plot of land offers a phenomenal investment opportunity for developers and investors. Positioned in a thriving central district just moments away from major educational institutions, it represents a highly valuable asset for creating a multi-level residential or mixed-use project with excellent return potential, especially for student housing or faculty apartments.
Exceptional Build Potential
This property is characterized by its outstanding development metrics. Falling 100% within the Εβ4 planning zone, it boasts a highly lucrative building density of 140% and a coverage factor of 50%. This generous zoning allowance permits the construction of a substantial four-story building, making it the perfect blank canvas for a modern apartment complex or a premium residential development designed to capture the high local rental demand.
Key Property Features
Property Type: Plot
Location: Agios Dometios /Nicosia
Planning Zone: Εβ4 (100%)
Building Density: 140% (High yield potential)
Coverage Factor: 50%
Maximum Height: Up to 4 Storeys
Nearby Landmarks
Conveniently located for high visibility and everyday practicality, this plot is exceptionally well-positioned based on its precise coordinates. The absolute standout feature is its immediate proximity to both the European University and the University of Nicosia, creating an incredibly lucrative opportunity for student-focused developments. Future residents or tenants will also greatly appreciate the seamless, straightforward access to bustling local businesses, supermarkets, essential services, and the heart of the Nicosia city center.
Contact G&P Lazarou Estate Agents today at +357 22024949 or email [email protected] to arrange your private viewing!

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€15,800 ($17,971)
If buying on joint names
€12,400 ($14,104)

Disclaimer - Property reference 8412816. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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