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Pay in USD and save up to $47,823Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 0.9
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 0.37 Km
Tourist: 30.52 Km
Industrial: 1.76 Km
Agricultural: 2.72 Km
Farm: 6.83 Km
## EXCEPTIONAL RESIDENTIAL DEVELOPMENT OPPORTUNITY – AGLANTZIA, NICOSIA
Discover a unique opportunity to invest in a **double residential plot** with a total area of **2,458 m²**, ideally located in the highly desirable area of Aglantzia. Offering excellent development potential and a prime location, this property is perfectly suited for a wide range of residential projects.
### Key Property Features
* Total Plot Area: **2,458 m²**
* **Building Density:** 120%
* **Coverage Ratio:** 70%
* Spacious road frontage with easy access
* Water and electricity infrastructure already in place
* Title deed available for immediate transfer
* **No VAT payable**
* Suitable for apartment buildings or other residential developments
### Outstanding Location
Situated on **Michail Karaoli Street**, the property benefits from a convenient and well-connected setting, just minutes from the **University of Cyprus**, **Athalassa National Forest Park**, schools, supermarkets, cafés, and a variety of everyday amenities. Excellent access to the main road network ensures quick connections throughout Nicosia.
### Investment Potential
This is an outstanding opportunity for developers and investors seeking a project in one of Nicosia's most established residential districts. The combination of generous planning coefficients, excellent accessibility, and strong demand for housing makes this property an attractive choice with significant long-term value.
**Asking Price:** **€1,200,000 (Negotiable)**
**Serious enquiries only.**
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.
Disclaimer - Property reference 8897809. 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.
