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20,973 SQM Land
Akaki, Nicosia

€565,560  ($653,441)

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 $22,870

Average Bank Rate (€565,560)
1 USD = 0.8362 EUR
$676,312

Mid-market rate (€565,560)
1 USD = 0.8655 EUR
$653,441

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: 8633396 (62085)
  • Plot: 20973 sqm

Description

FOR SALE LAND IN AKAKI, NICOSIA

Strategic Residential Investment in Akaki
Experience an exceptional and highly practical investment opportunity with this expansive residential field, strategically located in the developing and high-potential area of Akaki, Nicosia. This property represents a top-tier residential proposal, offering a solid and highly functional asset for large-scale residential development or a long-term investment. Designed for investors who demand the perfect balance of rural tranquility and strategic location, the plot is situated in a high-demand zone. Its strategic position ensures daily practicality for professional and personal routines, making it a secure choice in one of the capital's most traditional and well-connected peripheral districts.

Development Potential & High-Value Residential Features
The property features a massive area of 20,973 square meters, providing a substantial canvas for a significant residential project or land division. Falling within dual planning zones, the land offers a building density of 90% (for the H2 portion) and 60% (for the H3 portion), with respective coverage of 50% and 35%. This prime residential space meets the essential requirements for those looking to create a community of residences with significant scale and architectural versatility. Whether for a large-scale development or a high-value addition to a real estate portfolio, this plot offers significant potential in an area known for its quality atmosphere and immediate access to necessary suburban amenities.

Extensive Property Features

Property Type: Residential Field

Plot Area: 20,973 square meters

Planning Zones: H2 (44%) & H3 (56%)

Building Density: 90% / 60%

Coverage: 50% / 35%

Land Use: Ideal for large-scale residential development or investment

Legal Status: Title Deed Available

Nearby Landmarks & Amenities
In a convenient location for a vibrant lifestyle in the Akaki area, the property is surrounded by important infrastructure.

Akaki Primary School is a primary educational landmark situated within the immediate community.

The Nicosia-Troodos Highway is an important navigational artery accessible within a short drive.

Peristerona Village Square is a prominent local landmark offering traditional dining and services nearby.

Astromeritis Checkpoint is a significant navigational landmark located within the wider district.

Mammari Village is a notable neighboring community providing essential local services.

Kokkinotrimithia Business Park is a major commercial destination accessible within 10 minutes.

Neo Plaza Outlet is a primary retail and entertainment destination situated nearby.

Nicosia City Center is a primary professional and civic destination easily accessible via the main highway network.

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
€19,222 ($22,209)
If buying on joint names
€15,822 ($18,281)

Disclaimer - Property reference 8633396. 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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